Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

Write Unit of Sale in each case.

Business	Items being Unit of Sold/ Serviced	Unit of sale
Garment Shop	T-Shirt	?
Textile Shop	Fabric	?
Restaurant	Cake	?

Why stock exchange is also known as secondary market?

What is a Feasibility Plan?

'Pure Neer India Ltd.' is the manufacturers of water purifiers. The company has developed a new water purifier that not only converts the hard water into soft water but also kills the bacteria and other harmful micro organisms present in it. The company has named this water purifier as 'Nirmal Neer' and for its marketing, appointed salesmen throughout the country. The company also trained the salesmen to provide information about the usefulness of the 'Nirmal Neer' water purifiers to the customers and motivate them to buy the same.

1. Name and explain the 'type of promotion strategy' adopted by the company.
2. Also, identify the channel of distribution used by the company.

This is a market where there is an option to sell and buy new and old financial instruments. It facilitates the transferring of financial resources from surplus units to deficit units.

1. Identify and define the market.
2. Name the function of transferring of financial resources from surplus units to deficit units.

There is an inverse relationship between order size and ordering cost. Why?

Answer each of these questions in about fifty words:
Which sources provide the supply for long-term funds?

Pankaj an entrepreneur started a new website 'Save Electricity' to sell LED bulbs. In the first year, he sold 2400 bulbs at the rate of 100 each. His cost of placing an order and receiving the bulbs is 500 per order. If the Economic Order Quantity is 200 buIbs, find out the inventory holding cost per year.

How meeting capital requirements is not difficult, when opting to start a business by buying a franchise?

What does the marketing strategy of a company include?