Entrepreneurship: Concept and Functions — Entrepreneurship STD 11 Commerce — Question

Most entrepreneurs start business in attractive industries'. Justify.

What does business include?

Expansion by a firm depends on which factors.

Fill in the blanks using the options given below:
(Property tax, indirect tax, direct tax, revenue, social welfare, income tax)
Governments collect taxes so as to collect revenue and later spend it for .................

How is licensing used by the firms for entering in global market?

What is the Feasibility Study?

Anupama loves gardening. Her garden is the envy of the whole neighbourhood. Her neighbours, relatives and friends are constantly asking her for shoots of various plants that she has in her collection. She decides to turn her hobby into a profession and decides to open a nursery dealing in organic plants only. She also initiates a plantation drive in her locality.

1. Identify the source of Anupama's business idea.
2. In addition to the above source, state any one more source of business idea.
3. Identify the values communicated by Anupama.

What is promotion mix?

Give examples of professional experts who render their services to run the business enterprises.

Fill in the blanks using the options given below:
(Variable, cost of goods sold, unit of sale, net sales, unit cost, unit price)
The cost incurred by a company to produce, store and sell one unit of a particular product is referred to as ..........