Entrepreneurship Journey — Entrepreneurship STD 11 Commerce — Question

Rahul, an owner of a huge Departmental Store, charges exorbitantly due of no competition around to the misses out on no opportunity to earn profit. He finds nothing wrong as the main goal of business is to earn 'Profit'. Discuss any four values which you find are lacking in him as a rational businessman.

State the features of overdraft facility.

What is "Commerce‟.

Swarna runs a high-end boutique, With growing competition from readymade clothes, she decided to venture into the field of e-commerce, trading in the handicrafts of our country. Suggest to her certain new technological advancements and also identify any one value being communicated by her.

While opting for New Geographical Market for extending sales, an entrepreneur must take which features?

Classify the following into fixed cost and variable cost.

1. Rent of a godown.
2. Minimum telephone bill.
3. Interest on capital invested by an entrepreneur.
4. Salary to permanent staff.
5. Cost of raw-material payment of transportation of goods.
6. Daily wages of sweepers.
7. Telephone charges beyond the minimum.

How is "Capitalisation" different from "Capital Structure"?

Manish runs his own jewellery retail shop. He is well trusted by his customers. With changing times, he has also changed his way of business, by introducing light-weight 18 jewellery, diversifying in diamond jewellery and introducing trendy designs in white gold jewellery. He loves his business and is always the first to arrive and the last to leave. N He had also ventured into the business of producing gold chains, but after sustaining a loss of 10 lakh, he closed that business. But, he did not dwell on that loss much, and was soon initiating certain other ventures. Quoting lines from the passage, identify the various attitudes possessed by Manish. Also state any one value exhibited by Manish.

Promotion mix plays an important role in marketing mix. Elaborate.

Give the features of manufacturing.