NCERT
- What is required to convert an idea into an opportunity? Sensing entrepreneurial opportunities is only a process of converting an idea into an opportunity and then into an enterprise. 2
- What is the meaning of trend spotting? It is an immediate identification of new trends like fashions, activities, designs, assumptions, etc. 1
- Define the term environment scanning. Environment scanning refers to careful monitoring of an organization’s internal and external environments for detecting early signs of oppor... 1
- What is a business opportunity? It refers to an attractive and accessable economic idea which could be implemented to create a business, earn maximum profit, and leads to f... 1
- Characteristics of Entrepreneurship Entrepreneurship is a process of setting up a new business organization. It is the process where one decides to build a business career by f... 1
- An entrepreneur must be an innovator. Innovation is a dynamic change brought by an entrepreneur by bringing new combinations of factors of production. Innovation by the entrepren... 1
- Entrepreneur must be a good communicator. An entrepreneur needs to communicate effectively with different people like customers, suppliers, creditors, employees, etc. from time to ti... 1
- A successful businessman takes a calculated risk. A successful businessman should be calculative in taking a risk. He should be prepared to face challenges and look for opportunities in ever... 1
- Entrepreneurship is the best source for self- employment. ( 1) Intellectual capabilities: An entrepreneur is a creative thinker. He always thinks more creatively and better than others. He always gi... 2
- Define entrepreneur. Explain qualities of successful entrepreneur. An entrepreneur is a person who starts a business and is willing to risk loss in order to make money." Successful business people have many... 1
- How does the Penetrating Price Method of pricing facilitate in expanding the market? Penetrating Price Method of pricing is one in which the price of the product is decided lower than the original price of the product with mi... 1
- Mention the disadvantages of penetrating pricing method. Following are the disadvantages of penetrating pricing method: 1. This method is applicable only to the products and services, which have hi... 1
- Mention two factors affecting pricing of the commodity. Cost of production, goals of firm, prevalent competition etc. affect the price of the commodity. 1
- Explain the important factors affecting the choice of channels of distribution by the manufacturer. The choice of channel depends on product factors, company factors, competitive factors, market factors and environmental factors. Product re... 1
- Explain the factors affecting channels of distribution with relation to market considerations Market considerations affecting the choice of channel are the size of the market, its geographical concentration, the size of orders and the... 1
- Read the following article from a Business Newspaper and answer: (a) Reason: market expansion (growth into new, high-growth markets) to improve profitability. Line from the passage: "Fone India's main moti... 1
- ‘Ganpati Steel Ltd.’ is a large and creditworthy company manufacturing steel for the Indian market. The company ‘Ganpati Steel Ltd.’ has used three methods of flotation of new issues to raise funds for their expansion plan. Prospectus: The... 1
- Who are Angel Investors? State any four features of Angel Investors Angel investors are individuals or groups of individuals who provide financial backing to startup companies or entrepreneurs in exchange for... 1
- Identify and explain the type of pricing method used by the following companies.
- Elaborate on any three types of mergers? Three types of mergers are horizontal, vertical and conglomerate mergers. 1. Horizontal merger: merger of two firms in the same line of busi... 1
- Explain the various approaches used in promotion strategy The two main approaches in promotion strategy are the push strategy and the pull strategy. 1. Push strategy: the manufacturer "pushes" the p... 1
- Calculate the Return on Equity (ROE)for Malti International Limited manufacturing pre mix for instant shakes
- Enlist any four main public relation tools? Four main public relations tools are publications, events, news, and public service (community) activities. Publications: annual reports, br... 1
- What is operating synergy? How is it different from financial synergy? Operating synergy is the gain from combining the operations of two firms (lower costs or higher revenues), while financial synergy is the ga... 1