Understanding the Market — Entrepreneurship STD 11 Commerce — Question

Is profit earned by a business an inflow for the business?

Given below are examples of certain enterprises depending upon nature, size and type of business. Categorise them according to their type.

1. Motor Vehicle Repair Garage.
2. Poultry farming.
3. Plastic products, jerycans, tarpaulins.

What is the epicenter of human life?

Failure of a business plan impacts an organisation in many ways. State them.

In what terms, with passage of time, did the industrial activity intensified?

Smita purchased a book from Sangam Book Stores. While reading the book, she found that 20 pages were missing. She informed about this discrepancy to the owner of the store, who assured Smita that he is willing to replace the book, if the publisher DM and replaces the same. After a week, the owner informed that the publisher has refused to replaces the book.

1. Is the publisher's behaviour ethical?
2. What values are being overlooked by the publisher?

Unit cost is also referred to as "cost of goods sold". Why?

E-business has helped in extending the markets. How?

How the social entrepreneurs improve their standard of living?

What constitutes borrowed capital?