Enterprise Marketing — Entrepreneurship STD 12 Commerce — Question

The joint stock company fulfill which needs of the business?

Ankit is into the business of manufacturing low-cost diesel-cars in Germany. He is earning good profits and ambitiously considering overseas expansion. He scans the environment for finding out the opportunities and threats that may influence his current and future plans. He zeroes down on India as a potential place for his business expansion as Indian Government has announced favourable trade regulations. On selling, the first lot of cars were above the permissible limit. The government asked him to make necessary modifications in his cars if he wanted to continue business in India. He readily agreed to meet the emission norms set by the Indian Government.

1. Quoting the lines from the above para identify any two environmental factors.
2. Also, state any two values which Ankit tried to communicate to the Indian society.

The value, people place on goods and services is determined by certain factors. What are they?

Which is the most difficult stage of creative process?

Answer each of these questions in about fifty words:
Explain the need and importance of Specialized Financial Institutions in India?

Aarav, a small entrepreneur, is manufacturing portable electric iron for domestic use with the brand name 'P-IRON’.This iron is in great demand. He finds that the cost of production per unit of the iron is Rs.1,000 and he can sell the same at Rs.1,200 per unit. The competitors in the market are selling this type of iron at the rate of Rs.2,000. Aarav’s objective is not to earn profit in the short-run but to capture the largest market. His expectation is that the customers will be attracted towards the new brand because of low price.
Identify the method of pricing adopted by Aarav to capture the substantial portion of the market. Also, state any two advantages of this method of pricing.

Can any idea be generated based on natural resources?

Pragya Ltd. decided to sell air-conditioners and refrigerators at a discount during winter season to clear the stock. Name and explain the environmental factor which helped them in taking this decision.

Explain any two inputs required for designing a 'Sales Budget'.

What do you understand by capital market? How can the capital market in India be broadly classified into different categories?