Enterprise Growth Strategies — Entrepreneurship STD 12 Commerce — Question

"It is a process which involves the translation of a useful idea into an application which has commercial value. It takes persistent effort to work out analytically the details of the enterprise or service, to develop marketing strategies, to organise finances and strategize operations." Identify the process.

Explain the need and importance of Specialised Financial Institutions in India.

Marketing Plan is a document:

1. Regarding the marketing objectives, strategies and activities to be followed by the new Enterprise.
2. Which describes the flow of goods/services from production point to the customers.
3. Which determines how many units must be sold or how much sales volume must be achieved in order to have break-even-point.
4. Which reflects the projected cash available with the Enterprise.

Dileeps's business has been operating successfully for 2 years. He decided to expand. He wanted his business to grow, but he did not have enough funds. His wife advised him to ask one of his friends to invest in his business.
Dileep took her advise and admitted his friend Rakesh into his business with equal sharing of profits and losses.

1. What form of business was Dileep following initially.
2. What form of business he changed to afterwards.

Give four examples of inflow of cash in the business.

What is meant by 'Employment'?

What is the difference between Profit and Cash flow?

Goal setting isn't enough. Why?

In which method of pricing bargaining plays an important role?

What are trade related ideas?