Page 89 - DMGT310_ENTREPRENEURSHIP_AND_SMALL_BUSINESS_MANAGEMENT

Entrepreneurship and Small Business Management

Notes Self-reliance: Self-reliance is the ability to do things and make decisions by yourself, without
needing other people to help you.
Vanguard: A group of people leading the way in new developments or ideas.

6.6 Review Questions

1. Define grassroots entrepreneurs.
2. Differentiate grassroots entrepreneurs from their business counterparts.
3. What are the basic characteristics of grassroots entrepreneurs?
4. What do you mean by SHGs?

5. Why there is a need for SHGs?
6. Explain microfinance as a tool for grassroots entrepreneurship.
7. How can grassroots entrepreneurship be achieved through SHGs?

8. What role does NGOs play in building grassroots entrepreneurship?
9. How does SHGs pool their resources? Advance your knowledge through internet and
explain in detail.

10. Explain the linkage between SHGs and literacy programmes run by government.
Answers: Self Assessment

1. Rights 2. Urban
3. Business 4. Wealth
5. Social 6. Socio-economic
7. Animator, representatives 8. Common

9. Knowledge 10. Competencies
11. False 12. True
13. True 14. False
15. True

6.7 Further Readings

Books Dynamics of Entrepreneurial Development and Management, Himalaya Publishing.

Madhurima Lall and Shikha Sahai, Entrepreneurship, Excel Books, New Delhi.
N.P. Srinivasan and G.P. Gupta, Entrepreneurial Development, Sultan Chand & Sons.
P. Sarvanavelu, Entrepreneurship Development, Eskapee Publications.
Robert D. Hisrich and Michael P. Peters, Entrepreneurship Development, Tata
McGraw Hill.

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