Understanding the Market — Entrepreneurship STD 11 Commerce — Question

Who brings new things into existence?

Fill in the blanks using the options given below:
(Outflow, profit, credit transactions, cashbook, credit, or lone, inflow, cash flow, cash, expenses)
The importance of .............. in business is similar to that of blood in the human body.

Give any two examples of direct taxes in India.

Funds can also be raised from internal sources. Name such sources.

Long-term finance is used for meeting certain common expenses by all businesses. Identify those expenses.

A young man was passing through a site of construction. He saw three labourers working at the site. He went to one of them and asked “What are you doing here?” The worker answered, Don't you see? I am making out a living. I am working to earn.”
The young man moved towards the second man and asked him the same question.
Pat came the reply Don't you see? I am constructing a wall”.
The young man moved towards the third man & repeated the question.
The labourer replied Don't you see? I am building a beautiful mansion”.
Whose answer reflected a positive attitude?

Collaborators are good at what?

Define 'attitude'.

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?

Name the four P's.