Entrepreneurship as Innovation and Problem Solving — Entrepreneurship STD 11 Commerce — Question

Name the person who receives guidance and advice.

“Passion can be taught." This statement shows which attitude of an entrepreneur? What does this statement show?

What options are available to any company to survive in the changing environment?

Naman has just graduated from a college. His father wants him to take up a job, but Naman wants to be an entrepreneur. He tries to convince his father by saying that he will venture into a business only if it is ‘safe'. Is Naman's argument valid? Which entrepreneurial competency is not possessed by Naman?

Explain briefly the place mix and its components.

'These are those entrepreneurs who refuse to embrace opportunities that come their way. They are generally traditional and conventional in their approach'. The given lines are indicative of which entrepreneurs?

Name the two aspects of marketing.

Give another name for "Market Expansion Grid".

Fill in the blanks using the options given below:
(Variable, cost of goods sold, unit of sale, net sales, unit cost, unit price)
............. can be defined as individual item that a company sells.

What do you understand by mentorship?