Enterprise Growth Strategies — Entrepreneurship STD 12 Commerce — Question

Give any two points of distinction between ‘Basic Idea’ and ‘Post Scanning Idea’.

Explain the various categories of inventory.

Subhiksha was founded in 1997 by R. Subramanian, an IIT-IIM graduate. It operated over 1600 outlets selling groceries, fruits, vegetables, medicines and mobile phones and positioned itself as value retail chain. It adopted strategy to cut price, focus on lower and upper middle class, and opened shops near catchment area of customers. It started with one store in Chennai and within a short span the count reached to 1600 outlets (2008). Still Subhiksha was a failure.Describe the possible reasons behind the failure of Subhiksha.

What do you mean by export and import?

Hinduja Finance acquired Ashok Leyland Information Technology, so that the accumulated losses of Ashok Leyland Information Technology could be set-off against its book profits. What form of benefit is discussed here? Explain.

What is employee management?

What does inventory mean in general sense?

Ankit is into the business of manufacturing low-cost diesel-cars in Germany. He is earning good profits and ambitiously considering overseas expansion. He scans the environment for finding out the opportunities and threats that may influence his current and future plans. He zeroes down on India as a potential place for his business expansion as Indian Government has announced favourable trade regulations. On selling, the first lot of cars were above the permissible limit. The government asked him to make necessary modifications in his cars if he wanted to continue business in India. He readily agreed to meet the emission norms set by the Indian Government.

1. Quoting the lines from the above para identify any two environmental factors.
2. Also, state any two values which Ankit tried to communicate to the Indian society.

Name the specialised institutions which provides leasing and factoring to small scale units.

Rohit is working on designing of a unique face mask which would not only filter the air inhaled but also send alert messages on the registered mobile number if the user is in a zone of high pollution. This idea is germinated because of the interest and curiosity of Rohit as he is always interested in finding out the specific current problems and their solutions. Before launching his idea he also analysed the pros and cons of the product. Now he has to complete two more steps of an important process.
Identify the process. Explain the steps to be completed by Rohit in the process identified.