Entrepreneurial Opportunity — Entrepreneurship STD 12 Commerce — Question

Write short note on discipline in dealing with competitors.

Which is the most important asset for the operations of a business?

By offering shares to its employees, what values are promoted by a company?

For all entrepreneurs/ all enterprises at all times, how different sources are differently related?

Explain briefly the cash budget'.

State five elements of business opportunity.

Akanksha wanted to pitch in to reduce the financial crisis prevailing in her house and thought of working as a cook. She started working in three different households, one Punjabi, one Gujrati and one South Indian family. She soon realised that all the three households had different cuisine. It was indeed a challenge for her to learn the techniques of the cuisine. All the families greatly appreciated the timeframe within, which she had mastered the local cuisine. After working for them for a year, she decides to open a small eating joint of her own along with two of her friends by the name 'Hamara Khana'. They decided to share profits equally and that each of them will be liable for acts performed by the other two. Soon the eatery became a hot spot because of the fusion platter which was being offered.

1. Identify the kind of business organisation which was set-up by Akanksha and her friends.
2. Quoting the lines from the paragraph, state the features of this form of business organisation.

What factors affect the policy of packaging?

What do you mean by scanning of environment?

How many sources of funds are available for arranging funds for business enterprises?