Business Arithmetic — Entrepreneurship STD 12 Commerce — Question

How can you represent the idea of a synergy mathematically?

Explain 'utility creation' as a characteristic of business.

What is sales promotion? State its objectives.

How is target market identified while preparing the marketing plan? State.

Saurabh wants to start a new business. He is not sure of the type of business he should start. His friend suggested him to seek the help of professionals. He contacted a professional who asked Saurabh to pay a big amount for providing the reports and industry updates. Therefore he decided to search for the reports and industry updates himself. He scanned the relevant information from various national and international websites.
Identify and state the way that Saurabh is using for spotting the trend. Also, state one more way which will help Saurabh in starting his business.

Give a brief history of Franchising.

Employees provident fund is applicable to which industries?

What do you understand by creativity and innovation?

“A leading manufacturer of athletic shoes merges with a soft drink firm”. Identify the type of conglomerate merger the explain.
OR
Acquisition of General Foods, a diversified food products company, by Philip Morris, a Tobacco manufacturer. Identify the type of conglomerate merger and explain.

Vani, who was a teacher was not able to continue her job because of nuclear family problems. She had to look after her children. So, she decided that she would do something from her home. She decided she will start a water purifier servicing centre. This will only require one room as office and employ few boys for service providing.

1. She wants to start which type of business activity.
2. Which form of business organisation would be suitable for her?
3. What values are taken care of by Vani?