Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

Name the factors which affect the operational plan.

Explain 'distribution mix' as an element of marketing mix.

Explain, 'Persistence', 'Creativity' and 'Taking initiative' as entrepreneurial competencies.

Classic Plastic Limited provided sipper tops or beverage bottles. Which type of value addition is being followed by the company?

Akanksha wanted to pitch in to reduce the financial crisis prevailing in her house and thought of working as a cook. She started working in three different households, one Punjabi, one Gujrati and one South Indian family. She soon realised that all the three households had different cuisine. It was indeed a challenge for her to learn the techniques of the cuisine. All the families greatly appreciated the timeframe within, which she had mastered the local cuisine. After working for them for a year, she decides to open a small eating joint of her own along with two of her friends by the name 'Hamara Khana'. They decided to share profits equally and that each of them will be liable for acts performed by the other two. Soon the eatery became a hot spot because of the fusion platter which was being offered.

1. Identify the kind of business organisation which was set-up by Akanksha and her friends.
2. Quoting the lines from the paragraph, state the features of this form of business organisation.

State the different stages of an 'Enterprise-Process-Diagram' with diagram.

Distinguish between Fixed Capital and Working Capital.

The following data relates to a manufacturing unit - company has to pay a annual carrying cost of ₹ 2400 per unit. The monthly usage rate of a firm is ₹ 1800 units. The cost to place an order is ₹ 200. Calculate Economic Order Quantity.

"One of the essential objectives of managing the market is 'creating demand'." Explain.

How an internal expansion may be financed?