Entrepreneurship as Innovation and Problem Solving — Entrepreneurship STD 11 Commerce — Question

How a business enterprise gets affected without an accurate financial plan?

Name the factors giving rise to internal risk.

Mohan, who manufactures a toy car using non-toxic components, wants to compute his break-even point. His fixed expenses in the form of rent, depreciation and salaries of administrative staff amount to ₹ 25, 000 per month. He sells the car for ₹ 200 and his variable cost per car is ₹ 150. Find his dry break-even point. Also identify the value communicated by Mohan.

Kunal is thinking of starting his own business by manufacturing iron sheets. He is well aware of the fact that starting a business requires a wide range of data. Provide him with a list of institutions, providing information related to their functional importance.

What is the difference between Term Loan and Demand Loan?

Formal mentoring possesses certain features. State them.

Explain the role played by entrepreneur as that of a problem solver with the help of a diagram.

Briefly discuss the various categories of economic activities.

Name any four factors to be kept in mind while selecting physical resources.

State the qualities of a good questionnaire.