Business Finance and Arithmetic — Entrepreneurship STD 11 Commerce — Question

Enlist any four product oriented benefits from marketing mix.

How the people with achievement motives are motivated?

State one crucial feature of Fabian Entrepreneurs?

How does marketing research facilitate quick and correct decision-making?

Modern management thinkers define market as, “An arrangement of establishing effective relationship between buyers and sellers of the commodities. It consists of all the potential customers sharing a particular need or want, who might be willing and able to engage in exchange to satisfy that need or want”. Keeping the above definition in mind, what can be concluded about market mechanisms?

What do you understand by intangible resources?

What is market in the modern sense?

What are the two types of goods which are the final outcome of any industrial activity?

Give the examples of secondary industries.

When do Fabian entrepreneur exhibit the property of imitative entrepreneur?