BCOS-185

What do you mean by a detailed project report? When it should be prepared and why?

Introduction A Detailed Project Report (DPR) is a complete and structured document that gives a clear picture of the proposed business or project. It includes detailed information about all the aspects of a business like financial planning, market research, technical requirements, and risk analysis. Preparing a DPR is one of the most important steps in […]

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What is Start-up India Initiative? Discuss the 19 Point Action Plan of Start-up India.

Introduction The Start-up India Initiative is a flagship program launched by the Government of India to promote and support start-ups across the country. Its main aim is to build a strong start-up ecosystem and encourage innovation, entrepreneurship, and job creation. Start-up India was launched by Prime Minister Narendra Modi on 16th January 2016. It provides

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Explain the stages of the process of New Product Development.

Introduction New Product Development (NPD) is the process of bringing a new product idea to the market. It includes all the steps from identifying a need to launching the product for customers. In today’s competitive business environment, creating new and innovative products is essential for business growth and customer satisfaction. This answer explains the various

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What is the meaning of managerial competency? What are the various types of competencies which can help entrepreneurs to realise their goals?

Introduction Managerial competency is one of the most important skills required for running a successful business. For entrepreneurs, having the right competencies can make a huge difference in achieving their goals and overcoming challenges. In simple terms, managerial competencies are the knowledge, skills, and abilities that help a person manage people, processes, and resources effectively.

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