Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

To be successful, you need to do what?

Answer each of these questions in about fifteen words:
What is SEBI?

Distinguish between a 'Joint Stock Company' and a 'Joint Hindu Family Business' on the basis of 'liability of its members'.

Name two Indian stock market index.

Give two characteristics of service.

Balwant Singh of Bikaner thought of air-conditioned houses which do not require electricity. He wanted to explore the idea of construction of such eco-friendly houses which will remain cool in summers and warm in winters. He conceived the idea in 2010, but the final product could take shape in 2014. Name the stage in 'The Creative Process' described in the above lines.

What are smart goals?

Explain the meaning of CRM.

What is the other name of primary market?

A company uses 300 units of an item per day and the order lead time is 5 days. What should be the level of inventory when a new order is to be placed?