Business Finance and Arithmetic — Entrepreneurship STD 11 Commerce — Question

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”.
All the three were doing the same work, then what differentiates them?

What do you mean by competency?

Why is a Trailblazer able to focus easily on marketing and operations?

What does political forces include?

Name the term which refers to the use and manipulation of money.

Name the book in which all cash transactions are recorded.

Give the formula for computing break-even volume.

Describe the beginning of world famous fast food chain KFC.
OR
How did KFC begin its operations?

Fill in the blanks using the options given below:
(Variable, cost of goods sold, unit of sale, net sales, unit cost, unit price)
The cost incurred by a company to produce, store and sell one unit of a particular product is referred to as ..........

The role of private entrepreneurs increased tremendously after the oldie economic reforms of 1991. Why?