Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

Answer each of these questions in about fifteen words:
What is a secondary capital market?

Briefly explain product placement' and 'promotion' as components of sales strategy.

After the construction of the factory, premises, etc, what may be four clearances required?

If merger of Hindustan Computers Ltd, Hindustan Instruments Ltd, Indian Software Company Ltd. and Indian Reprographics Ltd into an entirely new company called HCL Ltd. Identify the forms of merger and explain the same.

Explain the regulatory functions of NABARD.

What should an entrepreneur do to mobilise the resources? Explain.

Ram was very thrilled with his new job. He was placed in a small factory manufacturing door knobs as a stock keeper. After a few days, while taking stock he understood that nuts and various small parts constituted majority of the cost of production. After some time, the firm went into a loss and the owner decided to look into the various factors that could have constituted the loss. Ram expressed his concern that inventory was not properly maintained and that there are various techniques which are involved and if followed properly the company will not be in a loss. The owner agreed to the suggestion. He also decided to take help from some specialized government institution initiate steps for technological up gradation, and modernization of existing units.

1. What technique was suggested by Ram? Explain it.
2. Which specialized financial institution is the owner thinking of approaching and state any one of its objectives?

What are the key areas, for a sound financial plan to work?

How business environment can be classified into different categories?

An entrepreneur has some qualities and competencies. List any four.