Entrepreneurship Journey — Entrepreneurship STD 11 Commerce — Question

What is attribute listing?

Ram Prakash is the owner of a small eatery operating in the suburbs of Delhi. He is making just enough to make his ends meet. Since, his eatery was in a strategic location, quite close to a school, he got an offer from Freezo ice-cream to install an ice-cream freezer and sell their products from his shop. But Ram Prakash refused to embrace this opportunity. To which category of entrepreneurs do Ram Prakash belong to?

If an entrepreneur cannot personally supply the necessary amount of money he can go for another option, i.e. (OPM). What does this OPM stands for?

Fill in the blanks using the options below:
(Fixed cost per month, profit, sales or revenues, loss, expenses, total revenue, gross margin per unit, income, fixed cost)
At the break-even level ............ is equal to the total expenses.

Collaborators can be great salesman. Why?

What are barriers to entrepreneurship?

Describe one example of Joint venture.

Who plays the role of an entrepreneur in a capitalist and developed country?

Name various other products produced using elephant dung.

'Market means people' is advocated by which concept of market?