Enterprise Marketing — Entrepreneurship STD 12 Commerce — Question

Name and define that element of promotion mix which is a paid form of non-personal communication designed to persuade potential customers to choose a product or a service.

Define business plan.

State any two factors included in 'level of operation' while identifying a feasible product.

Define capital market.

Name some products, which require after-saleers s.vices

Explain the meaning of CRM.

What do you mean by Order lead time?

Answer each of these questions in about fifty words:
An entrepreneur is a person who bears the risks, unites various factors of production and carries out a creative innovation, and for doing all these, what is the basic requirement to be reached to this extent.

Paranshu was working with Hitesh. A new entrepreneur, as a Production Manager. To achieve the objectives, he issues necessary orders and guidelines to his subordinates pertaining to work and to give practical shape to the production plan.
Identify and state the element being discussed above which is related to one of the components of a 'Business Plan'.

What is an idea?