Understanding the Market — Entrepreneurship STD 11 Commerce — Question

What does a Business plan must define?

Ideas can come from a number of sources. Name some sources.

Fill in the blanks using the options given below:
(Variable, cost of goods sold, unit of sale, net sales, unit cost, unit price)
Gross profit equals.................. minus the ...............

"Attitude is not by birth; it is acquired" Explain.

How well the company buys the resources depends on which features?

Fill in the blanks using the options given below:
(Cash, taxes, revenue, costs, expenses, profit and lose statement, profitability, totle expenses, total renenue)
It shows the ................ of the company for a specified duration.

The Government of India collects data related to population every 10 years. Which type of survey do they conduct?

Give an example each of insurable and non-insurable risk.

What are the two important elements to success of Diplomats?

Give another name for "Market Expansion Grid".