Enterprise Marketing — Entrepreneurship STD 12 Commerce — Question

How can fantasising help an entrepreneur to spot new ideas?

Name two abilities that can be referred as enterprising.

Define marketing strategy.

Kumar belongs to a farmer’s family. One day a team of officials from the local block development office visited his village for discussing additional opportunities related to agriculture. The team discussed with the villagers how to develop fishery. The team explained about the technique of construction of ponds and the modern technology of growing fishes. The team also informed that the State agriculture department will provide loan at an interest rate of 2½ % per annum to the farmers who will engage themselves in the occupation and will also help the farmers in the marketing of the fishes. Kumar decided to engage himself in the fishery occupation.
Identify the 'idea field' that helped Kumar to engage himself in fishery occupation.

Mention two factors on which the channel of distribution depends.

List the environmental factors affecting external environment CBSE TBQ.

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

Market rate method is useful for new entrepreneurs. Why?

Mixed negotiation is a mixture of which two negotiation methods?

Name and define that element of promotion mix which is a paid form of non-personal communication designed to persuade potential customers to choose a product or a service.