Entrepreneurial Opportunity — Entrepreneurship STD 12 Commerce — Question

By which act the organisation, management, membership and functioning of stock exchanges in India are governed?

Harsh plans production of a motor car for the common man at a very low price. Name the characteristic that develops his ideas into a viable and successful project.

Dileeps's business has been operating successfully for 2 years. He decided to expand. He wanted his business to grow, but he did not have enough funds. His wife advised him to ask one of his friends to invest in his business.
Dileep took her advise and admitted his friend Rakesh into his business with equal sharing of profits and losses.

1. What form of business was Dileep following initially.
2. What form of business he changed to afterwards.

"A trend is a description of a change taking place in the long term or short term”. Comment.
OR
What do you understand by the term trend?

What is meant by 'Idea Fields'?

Name some durable products.

Who can write the business plan?

State how 'Market Competition' should be assessed while identifying a feasible product or service.

How does the Penetrating Price Method of pricing facilitate in expanding the market?

What are the key aspects of financial decision-making?