Resource Mobilization — Entrepreneurship STD 11 Commerce — Question

A business plan is divided into many headings. Name them.

The following information relates to a company, which produces a Plastic Bottles.
Direct labour per unit ₹ 10
Direct materials per unit ₹ 25
Variable overheads per unit ₹ 5
Fixed costs ₹ 30,000
Selling price per unit ₹100
Calculate :

1. Variable cost per unit.
2. The minimum number of units that must be sold for the company to break-even.
3. Show break-even in terms of rupees.

How can an entrepreneur procure professional assistance.

Mr. Sanjay is the HR Manager of 'Sprint India Limited', a company engaged in the manufacturing of sports goods. With the approaching Commonwealth Games, the company is flooded with orders. Due to lack of competent staff, Mr. Sanjay decides to outsource some of the work. The company's management agrees on the condition that the quality of the work should not be compromised upon. Suggest Mr. Sanjay the different methods through which work can be outsourced. Also, identify the value being communicated by the company.

Differentiate between social entrepreneurship and entrepreneurship.

Discuss briefly the different types of taxes.

Define women entrepreneurs.

Enlist the options available to a business enterprise in this fast changing environment.

How will cash flow projections help an entrepreneur?

Write down the features of internal risk.