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National Testing Agency does not provide the official syllabus of CMAT 2021. However, based on previous year trends Ck brings you the compiled CMAT 2021 syllabus on Innovation and Entrepreneurship, which will help students to know the topics that are likely to be covered. According to the exam pattern, CMAT syllabus 2021 will cover two parts namely Innovation and Entrepreneurship. Candidates aspiring to give CMAT Innovation and Entrepreneurship are advised to familiarize themselves with the syllabus of CMAT 2021 to kick start their preparation. To know in detail about the exam pattern, CMAT syllabus 2021 and CMAT sample papers for Innovation and Entrepreneurship. read below.
Scope & Syllabus of Innovation Management in CMAT
• use the main innovation management terminology and concepts
• explain the adoption life cycle and innovation adoption at the individual level
• define creativity and explain how creativity can be stimulated
• recognise and describe three types of idea management systems
• explain what an innovation strategy is and why it is important
• describe what a product portfolio is
• explain how innovation projects should be selected and managed
• explain the importance of teams, team structures and networks for innovation.
Scope & Syllabus of Entrepreneurship Management in CMAT
I. The Entrepreneurial Development Perspective
- Concepts of Entrepreneurship Development
- Evolution of the concept of Entrepreneur
- Entrepreneur Vs. Intrapreneur, Entrepreneur Vs. Entrepreneurship, Entrepreneur Vs. Manager
- Attributes and Characteristics of a successful Entrepreneur
- Role of Entrepreneur in Indian economy and developing economies with reference to Self-Employment Development
- Entrepreneurial Culture
II. Creating Entrepreneurial Venture
- Business Planning Process
- Environmental Analysis – Search and Scanning
- Identifying problems and opportunities
- Defining Business Idea
- Basic Government Procedures to be complied with
III. Project Management
- Technical, Financial, Marketing, Personnel and Management Feasibility
- Estimating and Financing funds requirement – Schemes offered by various commercial banks and financial institutions like IDBI, ICICI, SIDBI, SFCs
- Venture Capital Funding
IV. Entrepreneurship Development and Government
- Role of Central Government and State Government in promoting Entrepreneurship
- Role of other agencies in the Entrepreneurship Development
Sample questions CMAT NTA NET Innovation and Entrepreneurship
Question 1 CMAT NTA NET Innovation and Entrepreneurship
Match the following
List-I (Developers) List-II (Concepts)
(A) Thompson and Strickland 1. Superior performance
(B) Stonerand Freeman 2. Discontinuous process
(C) Kuratko, Hornsky 3. Organisational process
(D) Peter Kilby 4. Management
5. System
A.
(A) (B) (C) (D)
1 2 3 4
B.
(A) (B) (C) (D)
1 4 3 2
C.
(A) (B) (C) (D)
3 1 2 4
D.
(A) (B) (C) (D)
3 4 1 2
Question 2 CMAT NTA NET Innovation and Entrepreneurship
The entrepreneur in an advanced economic is an individual who _ something new into the economy – a method of production not yet tested by experience in the branch of manufacture concerned, a product with which consumers are not yet familiar, a new source of raw material, new markets and the like.
A. Introduces
B. Produced
C. Reduced
D. Increased
Question 3 CMAT NTA NET Innovation and Entrepreneurship
The components of E-business model are
i. Web Server
ii. Web Master
iii. Internet
iv. Web Administrator
a. i ii & iii
b. i ii iii & iv
c. i & iii only
d. iii only
Question 4 CMAT NTA NET Innovation and Entrepreneurship
Assertion (Ꭺ)
The functions of entrepreneurs are to reform or revolutionize the pattern of production by exploiting an invention or, more generally an untried technological possibility for producing a new commodity or producing an old one in a new way.
Reason (Ꭱ)
Lack of innovation will usually reduce the life span of a product and/or service.
Choices
Choice (4) Response
a. Both Ꭺ and Ꭱ are true but Ꭱ is NOT the correct explanation of Ꭺ
b. Both Ꭺ and Ꭱ are false
c. Ꭺ is true but Ꭱ is false
d. Both Ꭺ and Ꭱ are true and Ꭱ is the correct explanation of Ꭺ
Check my answer!
Question 5 CMAT NTA NET Innovation and Entrepreneurship
Assertion (Ꭺ)
Entrepreneurial innovation and experimentation constantly destroy the old and introduce new equilibria, making possible higher standards of living.
Reason (Ꭱ)
Markets do not passively tend towards equilibrium until profit margins are wiped out.
a. Both Ꭺ and Ꭱ are true but Ꭱ is NOT the correct explanation of Ꭺ
b. Both Ꭺ and Ꭱ are false
c. Ꭺ is false but Ꭱ is true
d. Ꭺ is true but Ꭱ is false
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