Entrepreneurship - spring 25 final

Semester: Spring, 2025 Time: 2 Hours Course Code.•0413-311 Section: 64-AII Daffodil International University Faculty of Business & Entrepreneurship Department of Business Administration Program: BBA Examination: Final Full Marks: 40 Course Title: Entrepreneurship Teacher's Initial: BK, JH [NB: Answer all the (ollowing questions. Practical exantples will have significance. Each question carries equal marks 4 *10=40 marks( 1. In a newly formed business with multiple founders, how can management team roles be effectively identified and assigned, and at what stage in the business development process is it essential to Develop a structured management team? Provide Relevant example. ICLOI, Leve161 2. If a robot is to be developed as part of a business plan, what conceptual stages of product development would be involved in transforming the initial idea into a market-ready product? What strategies can be employed to protect intellectual property when developing and launching a new product, such as a robot, in a competitive market? Explain with a relevant example and illustrate the concept using a graph. ICL02, Leve141 3. As a new entrepreneur with limited experience in financial planning, you understand the importance of creating key financial statements—Cash Flow Statement, Income Statement, and Balance Sheet—to help you manage your business's financial health and make informed decisions. • Sales 104000 T.k in month 1, half off all customers pay in cash in month l; the rest are invoiced and given 30-day terms. • Inventory and raw materials are purchased on credit and paid for in 30 days; therefore 70280 T.k is paid in month 1. Operating expenses are 23360 T.k in month I and are paid in the month they occur. Interest expense 578 T.k for month 1. The beginning cash balance for Month I is 20000 T.k Based on these assumptions Make a cash flow statement, income statement, balance sheet for your new business plan (Include all the current, non-current, tangible, intangible fixed asset, current liability, long term liability, equity and retained earnings) and write down the source of funding for your new venture by following this example: Start-U Item Exam let E ui ment Cost Estimate 20000000 T. k Source of Fund Bank Loans ICL03, Leve131 4. Explain the lower and higher pricing position strategies for launching a new product and the steps of the pricing process that the entrepreneur should follow to set the price for their new product. Question A What is your cost of product per unit? B How many units do you estimate ou will sell in one ear? C What is your total estimated earl cost of oods sold? D What are your estimated yearly operating expenses (excluding our sala ? E What is your estimated yearly sala as entre reneur? F How much pre-tax profit do you want to make after covering all business ex enses? G What is your estimated annual tax liabili ? H How much annual revenue will you need to generate? I What is the wholesale price for our roduct? J What is the retail price for your roduct? Formula Enter unit cost Enter Amount BDT Enter estimate of number of units sold in one ear Unit cost (A) x units sold (B) Estimated monthly operating expenses x 12 Salary per year (Total product cost (C) + yearly operating expenses (D) + salary per year (E)) x desired rofit % (Salary per year (E) + profit (F)) x Co orate Tax 23% Total product cost (C) + yearly operating expenses (D) + salary per year (E) + desired profit (F) + yearly estimated tax liabili G Annual revenue required (H) + estimated number of units sold B Wholesale price per unit (I) x 2 ICL03, Leve151 Good Luck!