Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

What is meant by business? List the different categories in which business activities can be classified.

Explain in brief:

1. Socio-cultural factors and.
2. Political factors as environmental factors of entrepreneurship.

Name any three Central level financing institutions and explain how they support entrepreneurs.

Explain how a boardroom split is a reason for failure of merger.

If Tata Fertilisers Ltd. (TFL) take-up by Tata Chemicals Ltd. (TCL). TFL transferred its assets, liabilities and shares to TCL. Identify the type of merger and explain the same.

Briefly, explain the objectives of an operational plan.

Name some Institutional investors to whom entrepreneurs can raise funds by selling the issues.

'Press advertising' and 'radio' are commonly used media for advertising. Explain them.

“An entrepreneur must pay attention to the quantity and quality of the manpower for his business as it directly impacts the performance and resulting productivity of the organization.”
(I) In the light of the aforesaid statement, identify the component of a business plan that helps an entrepreneur fulfill the stated purpose.
(II) State the objective and importance of the identified component.

State the steps of the action plan of a Production Manager under the head 'Production Planning and Scheduling'.