Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

What makes concept of Goli Vada Pav so special?

While doing the Manpower Planning an entrepreneur, decides to keep less qualified manpower and or give them low wages and salaries to enable higher profits. Do you think his/ her approach is correct and justified? Why?

Who is a stakeholder?

Differentiate between:

1. Direct cost and Indirect cost.
2. Semi-variable cost and Variable cost.

From the following information calculate return on investment and return on equity. You have newly started a beauty parlour business, you spend ₹ 1,50,000 to open the parlour of which you invested ₹ 70,000 of your own money and borrowed a loan for ₹ 80,000. Interest rate per annum is 7%. Sales revenue per month is ₹ 80,000. Cost of goods sold is ₹ 30,000 per month. Fixed expenses is ₹ 30,000 (salary ₹ 20,000, rent and utility 10,000), depreciation ₹ 3,000 and tax @ 14%.

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?

Answer each of these questions in about fifteen words:
What is the role of Specialized Financial Institutions in India?

From the following information, calculate the Return on Investment.
Net profit (After tax) ratio – 12%
Tax rate -50%
Revenue from operations ₹10,00,000
15% Long-term borrowings ₹4,00.000
Equity share capital ₹ 1,50,000
Reserves and surplus ₹ 1 ,50,000
20% Preference share capital ₹ 50,000

Answers to these questions should not exceed 75 words:
There are three key elements in the process of financial management. Explain them.

Kareem after completing his XII class from his village school joined the course of electrician in an ITI in a town near his village. On completion of this course he tried for a government job but could not get the same. He, therefore, decided to work as a helper to a renowned electrician of the area. After working with him for two years, he decided to start his own electrician shop in the village. For this, he purchased equipment of Rs. 10,000 and hired a shop at a monthly rent of Rs. 2,000. He himself managed the shop.

1. Identify the kind of business organisation set up by Kareem.
2. State any four characteristics of the identified form of business organisation.