Enterprise Growth Strategies — Entrepreneurship STD 12 Commerce — Question

Is vendor management different from employee management? Enumerate.

Growth and development of an enterprise is inevitable. Explain.

Explain any two activities that can be performed by Human Resource Department (HRD) to promote Employee Relationship Management (ERM)?

State any four items of physical infrastructure that should be mentioned in the description of a business plan.

'Healthy Juice India Ltd.' and 'Asli Juice Ltd.' are engaged in the production of fruit juice. Both the companies sell the juice in 1,000 ml tetra packs and are in direct competition. To avoid competition, the management of both the companies decided to merge and formed a new company 'Asli Healthy Juice India Ltd.' The new company decided to sell the fruit juice through the company owned outlets throughout the country.
Name and explain the 'Enterprise Growth Strategy'.
Also, identify the channel of distribution decided by 'Asli Healthy Juice India Ltd.'

In making a choice, entrepreneur will want to take into account which points while selecting the form of ownership?

Name few different system of inventory control.

Given the same product and the same market, why is it necessary to adopt different types of market mix? Give reasons.

What is a marketing plan?

Make a proforma of Income statement.