Enterprise Marketing — Entrepreneurship STD 12 Commerce — Question

The question 'Where do we want to go’ addresses to which thing on an enterprise?

What should an entrepreneur do, “if the opportunity looks promising”?

Mohan Steel Limited merged with Surya Iron Limited to form Surya Mohan Limited. But only after 2 years, Surya Mohan Limited company failed. Is this an exceptional case? What according to you can be the reason for this failure? What value is violated by this failure?

'It is a process which involves the translation of a useful idea into an application which has commercial value. It takes persistent effort to work out analytically the details of enterprise or service, to develop marketing strategies, to organise finances and strategize operations.'
Identify the process.

How does packaging support the entrepreneur in enhancing the market?

Give a few examples of Outflow of cash in the business.

How to procure personnel?
OR
How can an enterprise procure personnel?

When do we conclude that a business has failed?

Desired manufacturing results of operation plan are in which terms?

'It is the process of entrepreneurship which involves the translation of a useful idea into an application which has commercial value.' Identify the process.