Business Finance and Arithmetic — Entrepreneurship STD 11 Commerce — Question

The market expansion grid considers two main factors. What are they?

State the conditions in which market survey can be used as a research instrument.

What do you understand by Ethical Entrepreneurship?

Give some examples of variable cost/ unit cost.

Good marketing information should possess many characteristics. State any two which according to you are the most important.

What is marketing?

The traditional concept of market lays emphasis on two conditions. What are they?

Indian economy registered a very slow rate of progress during the first four decades of independence. What factor can be attributed to this feature?

Although, commonly associated with the automotive industry, telemetric applications are being developed for use in other fields also. Name such fields.

What do you understand by unit cost/ variable cost/ cost of goods sold?