Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

Kayfee Ltd produces three different types of machine tools S tool, T tool, and V tool their cost, price and BE Qty are given. The fixed costs are allocated- taking into consideration the utilization of common resources for different products.

Explain the meaning of cash flow projection.

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.

Sanidhya is running a Stationery shop and sells variety of pens. His monthly consumption is ₹ 500 pens. Demand is uniform. Purchase cost of each pen is ₹ 12 per pen. Holding cost cost per annum is 20% of purchase cost. Ordering cost is ₹ 500 per order.

1. What should be the EOQ for the shopkeeper?
2. How many order is to be placed?

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

In private sector, which form of business has more of a welfare motive than profit motive? Define that form, with one example.

Name the sources of demand for capital.

Give the formula for computing the level at which fresh order should be placed. What is this level referred to as?

Write short note on discipline in dealing with competitors.

Why is a ‘Project Report’ required?