Business Arithmetic — Entrepreneurship STD 12 Commerce — Question

Explain 'distribution mix' as an element of marketing mix.

A Beauty parlour had varying number of customers during 5 weeks. This information and the total weekly billing are in the following table. What are the - Unit of sale, and the - Unit Price in this case? If the cost of goods sold or variable cost is 60% of the sale price, calculate the – Unit Cost, and the Gross Margin per Unit of Sale.

Week	Number of Customers	Tpotal amount billed (in ₹)	Average amount billed (in ₹)
1	10	1,000	100
2	17	1,445	85
3	13	9,23	71
4	22	5,082	231
5	18	3,150	175
Tota;l	80	11,600

'Bid' and 'Bid 'Quantity' are common terms related to stock market trading. What do they mean?

Explain, with the help of an example, ‘ability to perceive and preserve the basic ideas’ as a factor in the process of sensing opportunities.

What do you mean by scanning of environment?

Enumerate the importance of franchising.

In late sixties, when there was a boom in agriculture, poultry farming, milk production and fishing, a minister started poultry farming in his constituency. Where similar projects were thriving in neighbouring areas, it was a complete disaster in minister's constituency because the constituents were predominantly vegetarian.

1. The minister has not monitored his idea against environment surrounding. He has failed to do what?
2. Which external environment has led to failure? Explain.

Alpha Ltd., a multinational restaurant chain company, gives an exclusive right to four Indian companies to set up the restaurants in metropolitan cities in India in return for their payment of royalties and conformance to standardised operating procedures. Indian companies decided to employ local workers and to distribute left-over food amongst the needy as a provision in the agreement with Alpha Ltd.

1. Identify and give the meaning of the concept discussed in the above para.
2. List the main ingredients of the agreement that Alpha Ltd. will enter into with the Indian companies.
3. Also, identify any one value which the Indian companies want to communicate to the society through the agreement.

What is Pareto's Principle?

What is called the stage of consolidation for an enterprise?