Entrepreneurship: Concept and Functions — Entrepreneurship STD 11 Commerce — Question

Define business.

Informal mentoring can be seen when a person seeks advice from friends and family. State any one distinct feature of this form of mentoring.

Why attitude is called pervasive?

Name the sources available to an entrepreneur at state and central level, to seek information regarding plant and machinery.

What is the basis of obtaining unsecured loans?

In order to build up loyal, efficient and dedicated personnel, the entrepreneur needs to address two questions, what are they?

'These are those entrepreneurs who refuse to embrace opportunities that come their way. They are generally traditional and conventional in their approach'. The given lines are indicative of which entrepreneurs?

What is price?

What is said by Edmund Burke related to competitors?

Indian economy registered a very slow rate of progress during the first four decades of independence. What factor can be attributed to this feature?