Entrepreneurial Opportunity — Entrepreneurship STD 12 Commerce — Question

Describe the contents of an organisational plan.

Given the characteristics of budget.

What do you understand by 'Return on Equity?

What is a franchise agreement? Explain the main ingredients of a franchise agreement. What values should be followed by making this agreement?

Why primary market is also known as new issue market? Give one reason.

After the construction of the factory, premises, etc, what may be four clearances required?

‘Tata’ manufactured a motor car ‘Nano’ for common man which is very low in price. Name and explain the behavioural characteristic that develops the idea of ‘Tata’ into a viable and successful project.

Human resources issues may lead to failure of merger. Describe.

Nayan has just passed his Senior Secondary Examination from a CBSE affiliated school. He wanted to start his own business but was undecided about the nature of the business to be started. One day, during the morning walk, his grandfather fell down in the park and was injured. He observed that his grandfather often forgot to take his medicines. He thought that the same problem may be faced by other old people. He thought to develop a walking stick for old people that could be fitted with some electronic devices connected to the mobile phones of the members of their families which could indicate the location of the old people when they go outside their homes. He also thought to fit a timer in the stick that could remind them about the time of taking their medicines. Identify and state the meaning of the concept described in the above para that helped Nayan in structuring his idea of solving the problem.

Mohit is the sales manager of his company. The company is planning its annual operations and has asked Mohit to prepare the relevant budget for his department. Which budget is Mohit required to prepare?