Business Arithmetic — Entrepreneurship STD 12 Commerce — Question

How Cash Flow Projection will be considered as a better idea for your business plan?

Gross profit is the final profit of a business. Defend or refute.

State the liability of a partner.

What is the basic test for a successful entrepreneur?

To meet the financial needs of small and medium enterprises, the Government of India has passed the State Financial Corporation Act, 1951, empowering the State Governments to establish development banks for their states. Name any four SFCs established by states under this Act.

Name any two key aspects of financial decision-making.

What is secondary capital market?

Mention two factors affecting pricing of the commodity.

Name some products, which require after-saleers s.vices

Vishal was working with Abhinav, a new entrepreneur, as a Production Manager. For smooth and co - ordinated flow of wark he had to pay attention towards various elements. To ensure predetermined quality of products he had to compare the performance with established standards.Identify and state the elements being discussed above which is related to one of the components of a 'Business Plan.'