Entrepreneurship: Concept and Functions — Entrepreneurship STD 11 Commerce — Question

Give one point of difference between the Primary forces and secondary forces.

Why are entrepreneurs called problem solvers?

What is the outcome of political factor risk?

What do you mean business etymology of business”?

Income statement is prepared relating to a point of time or a period of time.

Name five government schemes implemented by the Government for entrepreneurs. Do you agree? How?

What does the trailblazer's business strengths include?

Razaq is a native of the beautiful valley of Kashmir. His family owns an apple orchard. During his summer break, he decided to help his family at the orchard. He observed that a lot of time was lost in plucking and picking apples. Being of an innovative mind, he worked on solving the above problem and made a simple plucking device attached with a net and a knife. This saved considerable time and money.

1. Identify the role played by Razaq.
2. Identify any one value communicated by Razaq.

Marketing manager has been defined as a per 'mixer of ingredients', by whom?

Funds can also be raised from internal sources. Name such sources.