Resource Mobilization — Entrepreneurship STD 11 Commerce — Question

Give the features of place or physical distribution.

Sameer has just returned to India, after two years of working in Japan. He joined an advertisement company and was dismayed at the lack of mentorship in the company. In Japan, as soon as he had joined the company, he was assigned to a mentor who helped him to adapt to the new culture and the work environment and also helped him to progress in his career. He asked the company to implement a mentorship programme, stating that it is beneficial for all.

1. Explain to the management the concept of mentorship.
2. Give any five benefits that an organisation gets from mentoring.

How to overcome 'Silo Mentality' in an organisation?

What is short term capital?

Describe one example describing “Attract new clientele” strategy of a firm.

Mention the various sources of raising short term capital.

How can an entrepreneur procure professional assistance.

"Entrepreneurs venture to take risks but some entrepreneurs are very shy and lazy by nature." Mention the name of such entrepreneurs and explain.

Name few institutions in India which are famous for giving away innovation awards.

Explain the term 'Industry'.