Enterprise Marketing — Entrepreneurship STD 12 Commerce — Question

Give the symptoms of business failure as exhibited in the balance sheet of a company.

Answers to these questions should not exceed 30 words:
What is ABC analysis?

Name and explain the two characteristics of business which involve possibility of loss.

What do you understand by franchising?

Naman, Arpit and Ramesh are in a partnership business and operate a retail jewellery store. They plan to prepare a budget for the year 2015-16 but since, they are preparing a budget for the first time, explain to them the different steps of the budgeting process. Which value is exhibited by them for preparing a budget?

Various approaches may be used by a company to promote its products. One of them is the use of mass media methods by designing a promotion strategy that aims at establishing brand identity.Identify and explain this approach.

Explain the types of acquisitions.

Give the year of establishment and type of organisation for the following stock exchanges in India.
Delhi Stock Exchange.
Pune Stock Exchange.

What is meant by operational budget?

Two years ago Gopal started manufacturing low fat, sugar-free ice-cream on a small scale basis in his home town, Vishakhapatnam. After some time his ice-cream became popular among health conscious young customers and old persons specially those having diabetes or some heart ailment. Because of the popularity of the ice-cream, the demand has increased manyfold. Gopal is unable to meet the same, because of his limited managerial ability and limited capital. Gopal also felt that whenever he fell sick his business was temporarily closed. To overcome this problem he decided to admit in the business his friend Mohan who has recently completed his MBA and is ready to invest money for the expansion of the business. Mohan advised Gopal to get their firm registered.

1. State three limitations indicated in the above para from which Gopal’s business suffered.
2. Why did Mohan advise Gopal to get the firm registered?