Enterprise Marketing — Entrepreneurship STD 12 Commerce — Question

Gauri, a housewife sells old newspapers every month. Her family is a joint family and they daily subscribe to 4 newspapers. She is able to sell them for about ₹ 800. Is Gauri engaging herself in business activity.

'Bikaner wallah' is selling fast food to the customers. Write the name of channel of distribution used by the company.

When do we conclude that a business has failed?

Michael Porter gave a broad classification of organisation's activities. What were they?

"It is a process which involves the translation of a useful idea into an application which has commercial value. It takes persistent effort to work out analytically the details of the enterprise or service, to develop marketing strategies, to organise finances and strategize operations." Identify the process.

If Bhavin spends ₹ 2,00,000 to open a grocery shop and earns a net profit of ₹ 40,000 in one year. Calculate the annual return on investment.

Creativity is of atmost important for an entrepreneur. Why?

Rahul wants to start an amusement park near Vishakhapattanam. This will require an investment of Rs.50 lakhs. Name the financial institution which Rahul should approach for financing this venture.

Reliance Industries donated a part of its revenue from its industrial units in Gujarat for the earthquake victims. Which form of value addition is being pursued by the company?

Effective employee relationship management requires ongoing attention. Do you agree? Give reason.