Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

Explain the various inputs that will help into designing a sales budget.

Answer each of these questions in about one hundred and fifty words:
What are the features of venture capital finance?

'Good Wash Ltd.' are the manufacturers of different sizes of fully automatic washing machines marked as 'small', 'medium', 'large' and 'industrial'. From the information given below, calculate the 'Break-Even Quantity' of the machines manufactured per month.
Information:

Machine	Unit Selling	Unit Variable	Fixed Expenditure
Small	10,000	3,000	35,000
Medium	15,000	8,000	35,000
Large	20,000	13,000	70,000
Industrial	35,000	20,000	1,50,000

Explain the concepts of 'Cost, Revenue and Break-Even-Point'. Also explain how Break-Even-Point is calculated.

How NABARD is different from TFCI.

What is meant by moving-up the value chain? Explain with the help of an example.

A factory is engaged in manufacturing shirts. The following information is available to you:
Sales - Rs. 4,00,000
Direct Labour Cost (2,000 units) - ₹ 40,000
Direct Material Cost (2,000 units) - ₹ 1,00,000
Direct Expenses (2,000 units) - ₹ 20,000
Fixed Cost - ₹ 1,20,000
Find out:

1. Variable cost per unit.
2. Total cost.
3. Quantity to be sold at Break-Even Point.

What is a 'feasibility plan'? Why does the entrepreneur need a feasibility plan?

What is a Private Company?

You are an entrepreneur who is deciding the operational plan for your business. While deciding the technology to be used, you come across three alternatives:

1. Use a cheaper technology which lets you dispose of the waste water and lets you fix the price of your product low.
2. Use a technology that is a little expensive as it lets you recycle that waste water into water fit for drinking. In this case, you will have to fix the price a little higher in order to earn profits.
3. Use the technology that recycles the waste, do not change the price. And go about cost cutting though efficient utilization of resources.