Business Arithmetic — Entrepreneurship STD 12 Commerce — Question

With the help of any two examples give the meaning of intellectual property rights.

Name and define the form of business organisation in which the liability of its members is limited. State one more feature of this form of business organisation.

Explain ‘Care to Ecology and Environment’ and ‘Concern for Workers’ as social responsibilities of an entrepreneur.

Explain briefly the concept of operating cycle.

Give some points for the importance of goal setting.

Many times creative products and services are born as results of problem solving". Give examples.

As the most basic thing, the entrepreneur must clearly state which things related to human resource?

Number of people who took their meals and the total billing for each of the 5 weeks is in the following table. What are the – Unit of sale, and the Unit Price, in this case? If the variable cost is 50% of the sale price, calculate the-Unit Cost, and the Gross Margin per Unit of Sale

Week	Number of Customers	Total amount billed (in ₹)	Average amount billed ( in ₹)
1	120	18,000	150
2	60	12,300	205
3	70	10,220	146
4	80	17,680	221
5	90	21,600	240
Total		79,800

Which is the most difficult stage of creative process?

Aditya Bearings Ltd. are the manufacturers and suppliers of ball bearings to fan manufacturing companies. The company requires 900kg. of wrought iron for its production process. The cost of placing each order is ₹ 50 and carrying cost is ₹ 100. Calculate Economic Order Quantity.