Entrepreneurial Opportunity — Entrepreneurship STD 12 Commerce — Question

Rahul, who is a diploma holder in computers, decides to take franchise of NIIT for his backward town of Katni. Which form of franchise will he take? Give any one advantage of franchising that will accrue to Rahul.

'It is an organised mechanism meant for effective and smooth transfer of financial resources from the investors to the entrepreneurs.'

1. Identify the mechanism and list its different types.
2. Name the association of persons established under the mechanism identified in (a) above. Also, explain any four points of its importance to investors.

Enlist the formalities for starting a business in India.

Discuss the advantages and disadvantages of financial institutions for an
entrepreneur.

What are the different activities that an entrepreneur can undertake to expand his enterprise?

What is the procedure to prepare a cash flow projection?
OR
How to develop a cash flow projection?

OR
What steps are to be taken to develop a cash flow projection?

Explain any four important aspects to be considered while doing market assessment by an entrepreneur.

Explain ABC Analysis of Inventory Control.
OR
Which items of inventory claim bulk of the values?

Describe any three methods adopted by entrepreneurs to generate ideas with at least one example for each.

What does 'product' mean in marketing mix? Explain the various elements of product mix.