Entrepreneurial Opportunity — Entrepreneurship STD 12 Commerce — Question

Give some examples of raw materials needed for industrial products.

What is penetrating pricing?

Kartik wants to start a new ready made garments shop in his colony. He knows that it is the best opportunity for him and it is going to give him high rate of promising returns. How do you agree with Kartik that he has selected a right opportunity?

Give four examples of items which are hazardous in nature and special precautions have to be taken in their storage.

How Peter F. Drucker defined the word entrepreneur?

How do we know that we're setting the right business goals?
OR
What are the rules for goal setting?

Give one example of each “Trends can be invisible and visible”.

Name two mushrooming sources of finance available to entrepreneurs.

Define capital market.

Rehan and Nishant got jobs in IT sector and were based in Bangalore. Rehan was from Delhi and Nishant was from Gujarat. Both were missing home food. The canteen food was highly unappetising. They checked out several tiffin services but did not find them satisfactory. The food was not apt for their taste buds. So, they decided to quit their jobs and start a professionally managed tiffin service by the name of 'Sanjha Chulha' They not only gave chapatis and North Indian curries, but also started with 'Gujarati thali', 'Bengali thali' as regional meals. What was the source of perceiving the basic idea?