Resource Mobilization — Entrepreneurship STD 11 Commerce — Question

Manish runs his own jewellery retail shop. He is well trusted by his customers. With changing times, he has also changed his way of business, by introducing light-weight 18 jewellery, diversifying in diamond jewellery and introducing trendy designs in white gold jewellery. He loves his business and is always the first to arrive and the last to leave. N He had also ventured into the business of producing gold chains, but after sustaining a loss of 10 lakh, he closed that business. But, he did not dwell on that loss much, and was soon initiating certain other ventures. Quoting lines from the passage, identify the various attitudes possessed by Manish. Also state any one value exhibited by Manish.

Financial planning requires an entrepreneur to take certain decisions. State those decisions.

Define customers. Are customer and consumer synonyms? If no, write the differences between them.

Anjali Limited had decided to expand its production capacity by modernising its plant and machinery at an estimated cost of ₹ 2 crores. The company doesn't have enough reserves to finance modernisation. Suggest two sources to the company from where they can raise finance.

Which factors must be considered while fixing the price?

M/s 'Urbane Male' is a company engaged in manufacturing shirts for men. The variable cost of production per shirt is given below:

S. No.	Cloth (2m) @ 125 per metre	₹ 250
i.	Buttons, thread, bukram, etc.	₹ 25
ii.	Stiching and cutting charges per shirt	₹ 30
iii.	Total variable cost	₹ 305

In addition to the above variable costs, the company has to bear certain fixed costs also, such as rent of the factory premises, electricity bill, salary of the administrative staff, etc. To provide for these costs and also to earn profits, the company decides to sell each shirt for 400. The company decides to make shirts for children in the age-group of 4-10 years out of the scrap material and distribute it in an orphanage.

1. What will be the unit of sale for the above company?
2. Compute unit cost and gross profit per unit.
3. Identify the value communicated by the company.

Expenses can be variable or fixed”. Through examples show how an expense can fall in both the categories.

Define debentures as a source of finance.

From which type of capital are raw-materials purchased?

What are the features of borrowed capital?