Enterprise Marketing — Entrepreneurship STD 12 Commerce — Question

Name the 'Element of a Project Report' that deals with the manufacturing process, product design and drawings. Also state the other areas which find a place in this element.

Picturising ahead every step in a long series of separate operations, each step to be taken in the right place, of the right degree and at the right time. Each operation is to be done at maximum efficiency.
This is the objective of one of the components of a business plan.

1. Identify the component.
2. There are three situations before the venture under this component.

Explain briefly those three situations.

Darshdeep runs a mail-order business for gym equipment. Annual demand for the Trico Flexers is ₹ 32,000. The annual holding cost per unit is 4 and the cost to place an order is ₹ 100.

1. What is the economic order quantity?
2. How many order is to be placed?

Give the meaning of 'Business situation analysis' and 'Identification of the target market' as steps in preparing the marketing plan.

What makes concept of Goli Vada Pav so special?

'Pricing is a crucial activity for an entrepreneur'. Explain.

Who is a stakeholder?

Answer each of these questions in about one hundred and fifty words:
Write down the sectors of organized and un–organized market?

What is meant by the innovative process?

'Nature of Products' affects the channel of distribution. Which channel of distribution will be more suitable for the following products:

1. Voluminous and Bulky goods.
2. Capital goods.
3. Consumable goods with a better shelf-life.
4. Goods with low shelf-value.