Download App

Resource Mobilization — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipResource Mobilization4 Marks
Question
What are professional services?
✓

Answer

Professional services support entrepreneurs and enterprises of all types whether small scale industries or large scale industries in the economy. The provided services includes legal advice, tax advice, financial advice and business advice. It helps an entrepreneur and enterprise to improve productivity and easily can achieve the objectives. All those people can provide professional services:
  • Has specialized education, knowledge, labour, judgment and skill.
  • Is predominantly mental or intellectual.
  • Has professional workforce.
  • Good capital resources intensity.
  • Has proven expertise in the field.
  • Expects compensation in return for the work done.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "4 Marks Question" from Resource Mobilization→Resource Mobilization — all question types→Entrepreneurship STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

Write down the main objectives of various Government Schemes for entrepreneurs.
→
Draw a flow chart of types of mentoring.
→
What is the role of society and family in the growth of an entrepreneur?
OR
Why do you think the role of family in an entrepreneur's life is important?
→
Explain various features of attitude.
→
Explain any four drawbacks that the women entrepreneurs face in India.
→
Cite any three ways in which political environment can work against the interest of entrepreneurs?
→
What do you mean by Traditional Market?
→
What is meant by market intermediaries? Can market survive without these intermediaries? Support your answer with the help of two reasons.
→
Example 1: From the following information calculate Suman's income by preparing an income statement.
Zeel has started selling bedsheets from her own house. She purchases :
30 bedsheets (single bedsheets) from a wholesale dealer for ₹ 300 per bedsheet and selling at ₹ 400 per bed sheet.
30 bedsheets (single bed with pillow covers) for ₹ 350 per bedsheet and selling for ₹ 450 per bedsheet.
She purchases 20 bedsheets (double bed with pillow covers) for ₹ 500 per bedsheets and selling for ₹ 650 each
She spent : ₹ 500/- for advertisement(Pamplets and Advertising poster), ₹ 100 Maintenance Expenses and she decided to take ₹ 200 for rent expenses.
→
What do you mean by business cycle? Draw diagram.
→