Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

Explain any three points to be taken into consideration while 'Assessing the Market'.

What is pro-rata allotment and how to calculate the amount of it? Give one example.

'Pure Neer India Ltd.' is the manufacturers of water purifiers. The company has developed a new water purifier that not only converts the hard water into soft water but also kills the bacteria and other harmful micro organisms present in it. The company has named this water purifier as 'Nirmal Neer' and for its marketing, appointed salesmen throughout the country. The company also trained the salesmen to provide information about the usefulness of the 'Nirmal Neer' water purifiers to the customers and motivate them to buy the same.

1. Name and explain the 'type of promotion strategy' adopted by the company.
2. Also, identify the channel of distribution used by the company.

Carrying costs are those costs which are incurred to maintain a given level of inventory. Give examples of two such costs.

Distinguish between Budget and Budgeting.

As a young entrepreneur, you are investing in a book stall. What kind of sales promotion techniques MOTS would you adopt? Explain in brief.

How does advertising help an enterprise?

“Merger depends of variety of factors”. Enumerate.

“Goals need action.” Explain.

Explain any three factors that influence the decisions with regard to orders of inventory.