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ENTS313-UGSEM6C-2024/25S2-Business Innovation, Entrepreneurship and Strategy

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Choose a career path you intend to pursue after completing your education: self-startup, family business, or corporate job. Mention all the learnings from this course and how/where you will apply the respective learnings in your future professional journey. (10 marks = 5 marks for learnings + 5 marks for suggested applications)

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Which of the following does NOT represent the entrepreneurial mindset?
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Choose any one of the three companies: Netflix, Astrotalk, or Dunzo. Consider you are hired as a consultant to the company’s top management. Propose various strategies to grow either revenue or profit margin for the company you choose. You can use various strategies and models discussed in the class. (5 marks)

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You are the CEO of Hindustan Pencils Pvt. Ltd., India’s leading manufacturer of pencils and stationery items under popular brands like Nataraj and Apsara. Established in 1958 in Bombay (now Mumbai), the company has long dominated the traditional writing tools market.

Challenge: With the increasing adoption of digital devices and e-learning tools, the use of traditional stationery is steadily declining.

Your Task: To ensure the company stays relevant and competitive in the evolving market, list and briefly explain all possible types of innovation that can be applied. You may use the innovation types discussed in class. (5 marks) 

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When building a Business Modeling Canvas, an entrepreneur will not find:
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There’s hardly a difference between an Entrepreneur and an Intrapreneur except:
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Which is incorrect?
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Shreya launched a startup that sells innovative eco-friendly water bottles with a unique cooling technology. She also came up with a catchy brand name "CoolSip", designed a logo, and wrote a jingle for advertisements. She wants to protect her creations and innovations using intellectual property rights. Which of the following combinations of IP protections is MOST appropriate for her?
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A well-known beverage brand has one product that dominates the market and brings steady profits, but the overall category (like soft drinks) is growing slowly. The company uses profits from this product to invest in newer products. According to the BCG Matrix, this product is best categorized as:
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Jay is starting a logistics company. Which of the following are not expected to be outsourced in the long run at the mature stage?
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