Enterprise Marketing — Entrepreneurship STD 12 Commerce — Question

What does marketing plan describes?

Entrepreneur can use the capital raised for a variety of purposes. What are they?

State the advantages of 'Good Negotiations'.

Give any two examples which explain how ideas can be generated based on 'Natural Resources'.

Explain ability to perceive and preserve basic ideas' as a factor in the process of sensing opportunities.

Differentiate between horizontal merger and vertical merger.

Explain, 'Persistence', 'Creativity' and 'Taking initiative' as entrepreneurial competencies.

What are consequences for non-registration of a partnership firm?

From the following information calculate return on investment and return on equity. Rishab and Hrithik quit their jobs with established companies to start an egg restaurant in the city. Their friend Vikas Nema, who is still works at a bank, has invested money in the restaurant and works there on Saturdays and Sundays. They opened 'Ostrich'-The egg café near Chappan Dukan, the city's famous eating joint in New Palasia area. The eating joint which opened two months ago sells variety of egg dishes with a twist. They initially invested ₹ 28, 46,000 in which ₹ 24,00,000 own money and borrowed a loan from bank for ₹ 4,60,000 at an Interest rate 10% per annum. Assumed tax rate to be 50%.

Yash was not too keen to take up his family run business of making bamboo baskets. But due to the bad condition of the family business he had no option except to take up this business. He started thinking about the new ways of using bamboo. One day while having lunch in a restaurant he overheard the owner talking about the difficulty in disposing the plastic and thermacol crockery that was being used in the restaurant. This provided him the stimulus for a new venture creation. Yash started looking into various options of making bamboo plates which could be used in the restaurants. He discussed the idea with his father who advised Yash that ideas should lead to commercially viable forms in order to survive and grow.
Identify and explain the concept discussed in the above situation.