Entrepreneurial Opportunity — Entrepreneurship STD 12 Commerce — Question

Explain any six steps which help in identifying a feasible product or process.
OR
Explain the first three steps involved in the process of investigation of a feasible product.

What facts are needed for market planning?

Stock exchange performs a number of functions in respect of marketability of different types of securities for investors and borrowing companies. Explain the important functions of stock exchanges.

Describe the process of testing ideas for assessing their “opportunity potential”.

While doing the manpower planning an entrepreneur, decides to keep less qualified manpower and give them low wages and salaries to enable higher profits. Do you think his/ her approach is correct and justified, why?

Selection of form of organisation is mostly affected by which factors?

R and S Co. manufacturing plant that produces four different types of machine tools and their cost, price and BE Qty. The fixed costs are allocated - taking into consideration the utilization of common resources for different products.
Here is the basic data-
Products: P, Q, R and S
Selling Price: ₹ 2,00,000; ₹ 1,0,000; ₹ 1,40,000 and ₹ 4,00,000 respectively
Variable Cost: 560,000; 350,000; 360,000 and 200,000 respectively
Allocated Fixed Expenses per month:37,00,000; 35,00,000; 320,00,000 and 530,00,00 respectively.
Compute of Break Even level and explain how it will effect the company if product units fails to move beyond Break even level.

Answers to these questions should not exceed 250 words:
There is a Budget to suit every business and its need .Elucidate.

Explain any six reasons for the failure of mergers and acquisitions.

Explain the following features of a cooperative society:

1. Democratic management
2. Capital and return thereon
3. Distribution of surplus