Understanding the Market — Entrepreneurship STD 11 Commerce — Question

Describe entrepreneurial functions of an entrepreneur?

What are the entrepreneurial values? Show by diagram.

Mehak wants to start a textile unit near Gurgaon. Discuss the commercial functions which she will require to plan and perform for the same.

Malti, wants to commence a Blue Pottery Enterprise. Before starting, multiple information is required as a part of her systematic planning. Discuss the methods available to her to collect the required data.

Explain the entrepreneurial and promotional functions required to be performed by an entrepreneur.

Mr. Nair, while planning for the "financial requirement, overlooked the use of 'Technology in Production'. What loss can befall on society because of his act of ignorance.

Read the following case study and answer the following questions:
A young village boy, who wanted to compete the I.A.S. examination, could not succeed because he got stuck at the interview level. He opened an institute for aspiring youngsters. What started as a single teacher coaching center grew into a big education institute that provides tutorials to wide range of courses. The young manal who could not materialise his dream of becoming a civil servant, has become an entrepreneur in the field of education.

1. Name the associated with the case study.
2. Explain the value associated with.

Explain the various forms which a profit market expansion can assume.

"Entrepreneurs cannot survive and grow without fulfilling the ethical responsibilities of the society." Explain.

Enlist the different forms of Intensive Expansion. Explain the forms of Penetration strategies available to the firm.