Understanding the Market — Entrepreneurship STD 11 Commerce — Question

Mr Subhash Bhalla is the owner of 'Anupam Coffee Plantations' in Darjeeling. To which category of entrepreneurs does he belong to? He uses organic methods of agriculture. Identify any one value communicated by him.

What tasks are not normally taken by the Trailblazers?

Fill in the blanks using the options given below:
(Cash, taxes, revenue, costs, expenses, profit and lose statement, profitability, totle expenses, total renenue)
Profit is a financial benefit that is realized when the amount of .............. gained from a business activity exceeds the ............................ and .............. needed to sustain the activity.

Mentoring can be of two types. State those two types.

Which two characteristics can be referred to as 'distinguishing marks of an entrepreneur'?

What is meant by 'creativity'?

How can a firm enter foreign market?

Explain the term 'fiduciary responsibility’ with the help of an example.

How do sometimes prospective entrepreneurs become induced entrepreneurs?

If an entrepreneur cannot personally supply the necessary amount of money he can go for another option, i.e. (OPM). What does this OPM stands for?