Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

Explain ability to perceive and preserve basic ideas as an important factor in sensing opportunities.

Give the meaning of 'Business situation analysis' and 'Identification of the target market' as steps in preparing the marketing plan.

Answers to these questions should not exceed 15 words:
Explain the following terms with proper example:
Cash outflow

Beta Ltd. is a steel manufacturing company having its headquarters at Mumbai. It is the tenth largest steel manufacturing company of the world. Gama Ltd. are also steel manufacturers with their headquarters in Rangoon, the capital of Myanmar. For a long period the company (Gama Ltd.) had been facing workers unrest and it decided to sell its business to an international bidder. The highest bid for this was made by Beta Ltd. for ₹ 10 lakh crores. Afterwards Beta Ltd. realised that the assets of Gama Ltd. were overvalued and liabilities were under-assessed and hence the price paid by them was higher. The employees of the two entities have different corporate cultures and styles of leadership which led to the problem of co-ordination. Ultimately Beta Ltd. had to close its business.

1. Identify the growth strategy adopted by Beta Ltd.
2. Quoting lines from the above paragraph, explain any two reasons for the failure of Beta Ltd. after it took over the business of Gama Ltd.

Who must apply for TAN?

State the advantages of 'Good Negotiations'.

Above the line approach of advertising suffers from certain disadvantages. Give any two.

Frontier Biscuits is a premium bakery engaged in making high quality biscuits. Its 'Pista and Cashew biscuits are customers favourite. It costs ₹ 300 to make 1kg of the above biscuits and are sold @ ₹ 450 per kg. What is the value added from financial point of view?

Describe Perceiving and Sensing Opportunities.

Why is it essential that employees perform together as a collective unit? HOTS