Enterprise Marketing — Entrepreneurship STD 12 Commerce — Question

When should an entrepreneur choose company form of business organisation? List any four points.

Why is stock exchange important for an investor?

"For what type of ventures SIDBI provide Venture Capital assistance to the entrepreneurs.”

'For the smooth and orderly functioning of corporate sector in a free market economy, stock exchanges are indispensable because of different roles played by them for different groups.' Explain the importance of stock exchange to investors in the light of this statement.

Kayfee Ltd produces three different types of machine tools S tool, T tool, and V tool their cost, price and BE Qty are given. The fixed costs are allocated- taking into consideration the utilization of common resources for different products.

Apart from investing funds, they also provide proactive advice Who are they' in the above A sentence? In which business do they'invest funds?

Rohit Shetty started leather shoe business with his brother. Both were very excited about the new venture. With meticulous planning and a lot of hard work, they were able to sell 700 pairs of shoes in the first year. But they did not earn any profit. Both were happy because they were not at loss and revenue generated was equal to the cost.
Now they were moving towards earning profit in the second year.

1. Identify the component of financial plan discussed above.
2. By giving any four points state how this component is useful for the entrepreneur?

'All business plan for sales volumes and revenues, resource quantities, costs and expenses, etc'.
Identify the concept involved in the above planning and state any two benefits of this type of plan.

Explain trading on equity with the help of a suitable example.

Ashok is engaged in the production of readymade garments using cotton cloth. Identify the business activity in which Ashok is involved. Also, name and define the utility created by Ashok.