Understanding the Market — Entrepreneurship STD 11 Commerce — Question

List few categories of unlimited human requirements.

Fill in the blanks using the options given below:
(One time cost, fixed, amount start-up cost, business, operational cost, nature, variable)
Do not fall in to the trap of classifying an expense in one or the other category, without knowing which .......... it refers to.

Contra entries are to be made in two conditions. What are those conditions?

State the range of activities performed under Business.

Maslow defines one of the needs in the need hierarchy “As the desire to become everything one is capable of becoming.” Identify and explain.

Define 'social entrepreneur'.

In order to build up loyal, efficient and dedicated personnel, the entrepreneur needs to address two questions, what are they?

What do you mean by goodwill?

How the people with affiliation motives are motivated?

How the social entrepreneurs improve their standard of living?