Business Arithmetic — Entrepreneurship STD 12 Commerce — Question

Briefly, explain the objectives of an operational plan.

“Goals need action.” Explain.

What are the main public relations tools?

What are the differences between entrepreneur and entrepreneurship?

Naman, Arpit and Ramesh are in a partnership business and operate a retail jewellery store. They plan to prepare a budget for the year 2015-16 but since, they are preparing a budget for the first time, explain to them the different steps of the budgeting process. Which value is exhibited by them for preparing a budget?

Arvind has started his Italian food based restaurant. Does he have to register his trademark? And give the reasons for the same.

'The Shop', a readymade garments retail shop, sold 5,000 shirts at Rs. 200 per shirt during the year ended 31st March 2014. Cost of placing an order and receiving goods is Rs. 1,000 per order. Inventory holding cost is Rs. 250 per year. Calculate the 'Economic Order Quantity' for 'The Shop'.

Explain how the regulatory issues leads to the failure of merger.

“The Budget period for all the business are same”. Do you agree? Comment.

Name the factors which affect an operational plan.