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Entrepreneurship for Hospitality Question Paper Year 2018
Entrepreneurship for Hospitality Question Paper Year 2019
Entrepreneurship for Hospitality Question Paper Year 2021
Entrepreneurship for Hospitality Question Paper Year 2022
Entrepreneurship for Hospitality Question Paper Year 2023
Entrepreneurship for Hospitality Question Paper Year 2024
Entrepreneurship for Hospitality Question Paper Year 2025
Entrepreneurship for Hospitality Question Paper Year 2026
2018
- Who is an entrepreneur?(Unit 1: Introduction)
→ An entrepreneur is a person who identifies business opportunities, takes risks, organizes resources, and starts and manages a business to earn profit. - Define start-up firm.(Unit 1: Introduction)
→ A start-up firm is a newly established business created to introduce a new product, service, or business idea into the market. - What is women entrepreneurship? (Unit 1: Introduction)
→ Women entrepreneurship refers to the process in which women initiate, organize, and manage business enterprises independently. - Define entrepreneuial process. (Unit 1: Introduction)
→ The entrepreneurial process is the series of steps involved in identifying a business opportunity, starting a new venture, organizing resources, and managing the business successfully. - Define corporate entrepreneurship.(Unit 1: Introduction)
→ Corporate entrepreneurship is the process of promoting innovation, creativity, and new business activities within an existing large organization. - What is an organic growth of a hospitality firm? (Unit 3: Growth of Hospitality Firm)
→ Organic growth of a hospitality firm refers to business expansion through internal efforts such as increasing sales, improving services, attracting more customers, and opening new branches without mergers or acquisitions. - List out sources of competitive intelligence.(Unit 6: Industry and Competitor Analysis)
→ The sources of competitive intelligence are:- Customers
- Competitors
- Employees
- Suppliers
- What is meant by venture capital?(Unit 5: Writing a Business Plan Financing Hospitality Firms)
→ Venture capital is a form of financing provided by investors to new or high-risk businesses with high growth potential in exchange for ownership or shares. - State three advantages of partnership. (Unit 5: Writing a Business Plan Financing Hospitality Firms)
→ Any three advantages of partnership are:- Easy formation of business
- More capital can be raised
- Sharing of risks and responsibilities
- What is business license? (Unit 5: Writing a Business Plan Financing Hospitality Firms)
→ A business license is an official legal permission issued by the government that allows a business to operate legally. - Explain the role of entrepreneurship related to hospitality in economic development of a developing country like Nepal.(Unit 1: Introduction)
→ The roles of entrepreneurship related to hospitality in economic development of a developing country like Nepal are:- Employment generation in hotels, restaurants, and tourism sectors
- Promotion of tourism activities in Nepal
- Contribution to national income and GDP
- Earning foreign currency through tourism services
- Utilization of local resources and culture
- Development of rural and urban areas
- Support to small and cottage industries
- Encouragement of investment in hospitality sector
- Promotion of innovation in tourism and service industry
- Women and youth empowerment through self-employment
- Improvement in standard of living
- Reduction of unemployment and foreign migration
- What is the relation of creativity, innovation and entrepreneurship in relation to hospitality industry? Explain. (Unit 2: Developing Business Ideas)
- How does the threat of new entrants have the potential to suppress a hospitality industry’s profitability? Explain with example. (Unit 6: Industry and Competitor Analysis)
- Why is it important for an entrepreneur to build a strong ethical culture for his/her hospitality firm? Explain. (Unit 3: Growth of Hospitality Firm)
- Explain the Grainer’s growth model in relation to a hospitality entrepreneurship. (Unit 3: Growth of Hospitality Firm)
- Why are commercial banks reluctant to provide loan to start-ups? Comment. (Unit 8: Start-up New Business Venture and Marketing Issues)
- Being a consultant in an industry prepare a business plan for hospitality industry, as per the request of an entrepreneur regarding an establishment of an entrepreneur of your choice. (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- What are the methods of generating new ideas? Explain the sources of generating new ideas in hospitality industry. (Unit 2: Developing Business Ideas)
2019
- What is entrepreneurship? (Unit 1: Introduction)
- List out the types of start-up firms. (Unit 1: Introduction)
- Define creativity. (Unit 2: Developing Business Ideas)
- List out the stages of growth. (Unit 3: Growth of Hospitality Firm)
- List out the components of organizational feasibility. (Unit 4: Feasibility Analysis)
- What is business plan? (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- State the three advantages of sole trading firm. (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- Define competitive grid analysis. (Unit 6: Industry and Competitor Analysis)
- What is business license? (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- What are the sources of debt financing? (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- What are the key elements of entrepreneurship? Explain. (Unit 1: Introduction)
- What are the techniques of encouraging and protecting new ideas related to hospitality business? (Unit 2: Developing Business Ideas)
- Differentiate between organic and inorganic growth with suitable examples. (Unit 3: Growth of Hospitality Firm)
- How industry and target market feasibility can be conducted related to hospitality industry. (Unit 4: Feasibility Analysis)
- Explain the legal and ethical issues facing entrepreneurs’ business in Nepal. (Unit 7: Legal and Ethical Dimensions of Entrepreneurship in Hospitality Firms)
- What are the sources of recruitment of the employees in hospitality? (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- Explain the approach and techniques of idea generation in hospitality industry. (Unit 2: Developing Business Ideas)
- Why entrepreneurs should have business plan? Explain the major components of a business plan. (Unit 5: Writing a Business Plan Financing Hospitality Firms)
2021
- What is entrepreneur? (Unit 1: Introduction)
- Is creativity innate or learned? (Unit 2: Developing Business Ideas)
- What is brainstorming? (Unit 2: Developing Business Ideas)
- What is organic growth? (Unit 3: Growth of Hospitality Firm)
- List out the components of organizational feasibility. (Unit 4: Feasibility Analysis)
- What is meant by angel investor? (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- State the three advantages of partnership firm. (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- Define competitive grid analysis.(Unit 6: Industry and Competitor Analysis)
- What is business patent? (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- What is niche marketing?(Unit 8: Start-up New Business Venture and Marketing Issues)
- What are the key elements of entrepreneurship? Explain. (Unit 1: Introduction)
- Differentiate between inorganic growth and organic growth for hospitality business. (Unit 3: Growth of Hospitality Firm)
- Explain the industry types and the opportunities they offer in relation to the hospitality business.(Unit 6: Industry and Competitor Analysis)
- How industry and target market feasibility can be conducted in relation to hospitality industry. (Unit 4: Feasibility Analysis)
- Explain the legal and ethical issues facing entrepreneurs’ business in Nepal. (Unit 7: Legal and Ethical Dimensions of Entrepreneurship in Hospitality Firms)
- What are the methods of selection of the employees in hospitality industry? (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- Explain the industry environment analysis by using Porter’s five forces model. (Unit 6: Industry and Competitor Analysis)
- What is business plan? Explain the guidelines for writing a business plan in relation to hospitality industry. (Unit 5: Writing a Business Plan Financing Hospitality Firms)
2022
- Defne entrepreneurial ethics. (Unit 1: Introduction)
- What do you mean by brainstorming?(Unit 2: Developing Business Ideas)
→ Repeated Question from Year 2021, Qn number 3 - List out the challenges faced by entrepreneur in Nepal. (Unit 1: Introduction)
- What do you mean by product safety and liability? (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- List out the major elements of bargaining power of buyers. (Unit 6: Industry and Competitor Analysis)
- List out the major opportunities of hospitality entrepreneurship in Nepal. (Unit 1: Introduction)
- List out the steps in product planning and development process. (Unit 4: Feasibility Analysis)
- Who is angel investor? (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- Differentiate entrepreneurs from managers. (Unit 1: Introduction)
- What is start-up firm? (Unit 1: Introduction)
- Define entrepreneurship and explain the process of entrepreneurship. (Unit 1: Introduction)
- After your graduation, you want to open your own business. What are the new areas of opportunities in your sector? And what will be your new entry strategy? (Unit 2: Developing Business Ideas)
- Define business plan. Explain the reason for writing business plan for hospitality entrepreneurs’ business. (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- What is hospitality entrepreneurship? Explain the problems and challenges faced by entrepreneurship in Nepal? (Unit 1: Introduction)
- Explain the five force model and its implication in hospitality business. (Unit 6: Industry and Competitor Analysis)
- What is recruitment? Explain the external sources of selection of new employee. (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- Intellectual property rights are like any other property right. they allow creator, or owners, of patents, trademarks or copyrighted works to benefit from their own work or investment in creation. Explain this statement with examples. (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- Explain with examples the emerging concepts in hospitality entrepreneurship growth and its current status in Nepal. (Unit 1: Introduction)
2023
- Make a list of different types of start-up firms. (Unit 1: Introduction)
- Who are intrapreneurs in hotel entrepreneurship? (Unit 1: Introduction)
- List out various sources of short term loans in creating entrepreneurship in hospitality. (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- Define creativity. (Unit 2: Developing Business Ideas)
→ Repeated Question from Year 2019, Qn number 3 - What is venture capital? (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- Define service market feasibility. (Unit 4: Feasibility Analysis)
- What is meant by debt financing? (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- Give the meaning of brainstorming as a technique of generating ideas. (Unit 2: Developing Business Ideas)
→ Repeated Question from Year 2021 + 2022 - What is competitive intelligence?(Unit 6: Industry and Competitor Analysis)
- Describe the term ‘business permit’. (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- Explain importance of hospitality entrepreneurship. (Unit 1: Introduction)
- Describe various techniques of generating ideas in hospitality industry. (Unit 2: Developing Business Ideas)
- What is business plan? Suggest guidelines for writing a business plan. (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- Explain different barriers to business growth. (Unit 6: Industry and Competitor Analysis)
- Explain target market feasibility analysis in hospitality industry. (Unit 4: Feasibility Analysis)
- Describe the industry trend analysis in reference to hospitality industry. (Unit 6: Industry and Competitor Analysis)
- Women entrepreneurship is the process of creating new venture by women through risk bearing, innovating and managing for rewards. Explain challenges and the success factors of women entrepreneurs in hospitality industry. (Unit 1: Introduction)
- Market issues are vital in new venture creation. Based on the statement, explain key market issues for new ventures in reference to hospitality industry. (Unit 8: Start-up New Business Venture and Marketing Issues)
2024
- What is entrepreneurship? (Unit 1: Introduction)
- Define the term start-up. (Unit 1: Introduction)
- Write two uses of creativity in startup business. (Unit 2: Developing Business Ideas)
- List out the components of organizational feasibility. (Unit 4: Feasibility Analysis)
- Who are angel investors? (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- What is inorganic growth of hospitality firms? (Unit 3: Growth of Hospitality Firm)
- List out two major challenges faced by entrepreneur in Nepal. (Unit 1: Introduction)
- What is meant by entrepreneurial ethics? (Unit 1: Introduction)
- Write different sections of the business plan. (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- What is business patent? (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- Explain the key elements of entrepreneurship. (Unit 1: Introduction)
- What are the techniques of protecting new ideas related to hospitality business? (Unit 2: Developing Business Ideas)
→ Repeated Question from Year 2024 - Describe various growth challenges for entrepreneurs. (Unit 3: Growth of Hospitality Firm)
- How product/service feasibility is assessed in hospitality industry? (Unit 4: Feasibility Analysis)
- Explain the ethical issues facing entrepreneurs’ business in Nepal. (Unit 1: Introduction)
- Describe the different sources of debt financing for hospitality business. (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- Being a consultant in an industry prepare a business plan for hospitality industry, as per the request of an hospitality entrepreneur for an establishment of a new venture. (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- Industry analysis is most important while establishing new venture as well as diversifying existing business. Using Porter’s Five Forces Model, conduct industry analysis of Nepalese Hospitality Industry. (Unit 6: Industry and Competitor Analysis)
2025
- What is hospitality entrepreneurship? (Unit 1: Introduction)
- State two types of start-up firms. (Unit 1: Introduction)
- Mention two reasons of business license and permits. (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- Differentiate between organic and inorganic growth. (Unit 3: Growth of Hospitality Firm)
- List any two sources of competitive intelligence.(Unit 6: Industry and Competitor Analysis)
- Identify two factors affecting innovation. (Unit 2: Developing Business Ideas)
- What are four Ps of marketing for new ventures?(Unit 8: Start-up New Business Venture and Marketing Issues)
- Mention two ethical issues facing entrepreneurial business in Nepal. (Unit 1: Introduction)
- What is feasibility? (Unit 4: Feasibility Analysis)
- Write two sources of debt financing. (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- Explain the significance of entrepreneurship in driving innovation and economic growth. (Unit 1: Introduction)
- Describe the techniques for generating effective business ideas. (Unit 2: Developing Business Ideas)
→ Repeated Question from Year 2019 + 2024 - How do entrepreneurs recognize opportunity? (Unit 2: Developing Business Ideas)
- Describe the importance of financial feasibility analysis in the hospitality industry. (Unit 4: Feasibility Analysis)
- Explain the five competitive forces model. (Unit 6: Industry and Competitor Analysis)
- Briefly describe the registration process of sole trading in Nepal. (Unit 5: Writing a Business Plan Financing Hospitality Firms)
- Explain Grainer’s growth model and its relevance to understanding organizational growth in hospitality businesses. How does the model help entrepreneurs anticipate and navigate growth-related crises? (Unit 3: Growth of Hospitality Firm)
- Critically examine the key marketing issues for new ventures in Nepal.(Unit 8: Start-up New Business Venture and Marketing Issues)