Enterprise Growth Strategies — Entrepreneurship STD 12 Commerce — Question

‘Tata’ manufactured a motor car ‘Nano’ for common man which is very low in price. Name and explain the behavioural characteristic that develops the idea of ‘Tata’ into a viable and successful project.

Human resources issues may lead to failure of merger. Describe.

What is trading? What advantage does it possess over manufacturing?

Is vendor management different from employee management? Enumerate.

On the basis of duration, classify the sources of finance.

Enumerate two important points that an entrepreneur has to ensure before selecting an opportunity.

Explain any two inputs required for designing a 'Sales Budget'.

Why financial control is considered as an important activity?

How does pilferage of material affect the enterprise and entrepreneur?

'An activity can be economic activity in one situation and non-economic in another situation'. Do you agree? Give an example to justify your answer.