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IGNOU MTTM-08
- Managing Entrepreneurship and Small Business in Tourism,
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(January 2024 - July 2024)

MTTM-08 Assignment

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IGNOU MTTM-08 January 2024 - July 2024 - Solved Assignment

Are you looking to download a PDF soft copy of the Solved Assignment MTTM-08 - Managing Entrepreneurship and Small Business in Tourism? Then GullyBaba is the right place for you. We have the Assignment available in English language.

This particular Assignment references the syllabus chosen for the subject of Tourism Management, for the January 2024 - July 2024 session. The code for the assignment is MTTM-08 and it is often used by students who are enrolled in the MTTM Degree.

Once students have paid for the Assignment, they can Instantly Download to their PC, Laptop or Mobile Devices in soft copy as a PDF format. After studying the contents of this Assignment, students will have a better grasp of the subject and will be able to prepare for their upcoming tests.

IGNOU MTTM-08 (January 2024 - July 2024) Assignment Questions

1. What are the major entrepreneurial competencies? Explain how these competencies can be developed through systematic training?

2. Define market orientation. Explain why an entrepreneur should go for market assessment.

3. Explain why product or service design is important to any organization. Discuss the various stages involved in product design.

4. ‘Small Scale Enterprises have many characteristics which make them pivotal in accelerating economic growth’. Discuss with examples.

5. Discuss the role of important financial institutions rendering promotional assistance & credit facilities assistance to small scale industrial units/enterprise.

6. What do you mean by Business Plan? What type of location would you go for if you are in the tourist transport business.

7. What do you mean by Proprietorship? What are the advantages and disadvantages of Proprietorship?

8. Describe the various stages of growth in the life of a small-scale enterprise. Support your answer with examples from the tourism industry.

9. What are the various financial ratios that are commonly used by entrepreneurs to assess their own performances. Give a detailed check list to assess oneself.

10. Discuss some of the commonly employed management practices in family business. Discuss the positive aspects of family business.

IGNOU MTTM-08 (January 2023 - July 2023) Assignment Questions

1. What are the major characteristics of a Small Scale Enterprise (SSE)? Discuss the role of Entrepreneurship in SSE and economic development?

2. What are the different types of entrepreneurs? Explain the concept of entrepreneurial competencies.

3. Write short notes on the following:

a) Role of SIDBI
b) Opportunity Scanning and Identification (OSI)

4. What do you understand by “Zeroing in Process”? Explain with the help of relevant examples from tourism industry.

5. Define the following:

(i) SWOT Analysis
(ii) Market Orientation
(iii) Asset Management
(iv) Importance of Personnel relations in SSE

6. What are the various elements or variables which must be understood in order to determine market demand.

7. Discuss the various stages involved in Product Design.

8. Elaborate upon the role of the various financing institutions in respect of SSEs.

9. What do your understand by business plan? Explain the steps involved in the preparation of a business plan.

10. Define Family Business. Discuss the strength and weaknesses of family based enterprises.

MTTM-08 Assignment Details

  • University IGNOU (Indira Gandhi National Open University)
  • Title Managing Entrepreneurship and Small Business in Tourism
  • Language(s) English
  • Session January 2024 - July 2024
  • Code MTTM-08
  • Subject Tourism Management
  • Degree(s) MTTM
  • Course Core Courses (CC)
  • Author Gullybaba.com Panel
  • Publisher Gullybaba Publishing House Pvt. Ltd.

Assignment Submission End Date

The IGNOU open learning format requires students to submit study Assignments. Here is the final end date of the submission of this particular assignment according to the university calendar.

  • 30th April (if Enrolled in the June Exams)
  • 31st October (if Enrolled in the December Exams).

Download Files & Sessions Details

Here are the PDF files that you can Download for this Assignment. You can pick the language of your choice and see other relevant information such as the Session, File Size and Format.

English Language

  • January 2024 - July 2024 24 Pages (0.00 ), PDF Format SKU: IGNGB-AS-MTT-MTTM08-EN-493
  • January 2023 - July 2023 24 Pages (0.00 ), PDF Format SKU: IGNGB-AS-MTT-MTTM08-EN-324

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  • All Solved Answers By IGNOU Experts.
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