Entrepreneurship as Innovation and Problem Solving — Entrepreneurship STD 11 Commerce — Question

What is Larter system?

Which needs are referred to as 'Belonging Needs?

"Attitude is not by birth; it is acquired" Explain.

What are non-insurable risks?

What do you mean by Market Development Strategy?

'Different markets for different commodities' was the distinct feature of which concept of De market?

Motivation can be defined as stimulating, inspiring and inducing the employees to perform to their best capacity. Motivation is a psychological term which means it cannot be forced on employees or it comes automatically from inside the employee as it is the willingness to do the work. List the social motive behind entrepreneurial motivation.

Smita purchased a book from Sangam Book Stores. While reading the book, she found that 20 pages were missing. She informed about this discrepancy to the owner of the store, who assured Smita that he is willing to replace the book, if the publisher DM and replaces the same. After a week, the owner informed that the publisher has refused to replaces the book.

1. Is the publisher's behaviour ethical?
2. What values are being overlooked by the publisher?

Which value enables an entrepreneur to develop a 'mission' concept which drives them to achieve their goal with clear vision?

Define profit.