An Entrepreneur — Entrepreneurship STD 11 Commerce — Question

What is seed capital? Give example.

While opting for New Geographical Market for extending sales, an entrepreneur must take which features?

"Buy one get one free" is an example of one of the techniques of Promotion Mix. Name the technique. Explain any two other techniques of promotion mix.

What do you understand by finance?

Innovativeness can be seen through certain actions. What are they?

Financial planning requires an entrepreneur to take certain decisions. State those decisions.

'Place' is a important physical resource and many factors need to be considered before making the final selection of this resource. What are they?

Sun and Rise Limited has a disinfectant soap in the market by the name of 'Sanitize'. The company in its new advertisement propagates that washing hands two times after coming home by 'Sanitize' reduces the risk of infections by 80%. It also distributes the soap, free of cost to people of slum.

1. Which strategy is being followed by Sun and Rise Limited?
2. Which values are being exhibited by the company?

When does a firm opts to pursue expansion strategy?

Distinguish between:
‘Profit is not to be considered as inflow’. Comment with apt reason.