Entrepreneurial Opportunity — Entrepreneurship STD 12 Commerce — Question

Divij has opened a restaurant which serves Chinese food. His fixed expenses per month are ₹ 20,000. During the month of August, his total sales revenue was also ₹ 20,000. Divij thinks that he has achieved the break-even level. Is he correct in his approach?

Answer each of these questions in about fifty words:
What is the need of finance?

Financial GamingGoogle purchased Motorola Mobility for 9800000000 (in USD), Microsoft Corporation purchased Skype for 8500000000 (in USD) and Nokia handset and Service business for 720000000 (in USD) as notable merges and amalgamation of 2011 because latters were in financial crisis and formers were financial strong looking for expansion strategies.
What is the reason for the above mergers and acquisitions?

Define economic activities. How do they differ from non-economic activities? Give examples.

What is business failure?

What are public relations ?

Nirmal looking at the possibilities of doing business decided to start his equity research firm online. He put his content on web for companies and also adviced them. Indianinfoline.com launched by him also started e-booking in India.

1. Nirmal is engaging in which type of business activity. Explain it.
2. Explain other business activities apart from the one stated above.

Naveen after completing his M. Tech in Nano Technology wanted to start his own business. He thought to manufacture sophisticated instruments used in surgery. He knew that his knowledge of Nano Technology will help him in manufacturing these instruments. According to him such instruments will help the surgeons to operate upon the patients with accuracy, with minimum blood loss and quick post operation recovery; Such types of instruments are used in advanced countries only and there was a risk in marketing the same. The cost price of machinery required, for manufacturing such instruments was very high and more research was required in this field of Nano Technology. For seed funding, Naveen approached 'Himani Capital Ltd.' who finance such types of projects. 'Himani Capitals Ltd.' after analysing the proposal agreed to provide seed capital to Naveen.
Explain the different stages of 'Early stage financing' to seek venture capital finance after the one discussed above.

Answer each of these questions in about fifteen words:
How will you differentiate between financial market with other market? Give one difference.

Various government and private agencies publish periodic profiles of various projects and industries. How do you think these project files can help emerging entrepreneurs?