Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

Why are venture capitalists typically very selective in deciding while doing the investment?

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

What is the basic difference between 'depreciation' and 'amortisation'? Give any two methods of charging depreciation.

Give any two benefits of budgeting, as enjoyed by a business.

Explain in brief:

1. Socio-cultural factors and.
2. Political factors as environmental factors of entrepreneurship.

Mahesh is a young man of 20 years. He has completed a tailoring course from an industrial training institute. He wants to start a big-size tailoring shop in a modern locality where young men and women working in various multinational companies live. He went to one of his friends who had completed a diploma course in textile designing to discuss about the opening of the tailoring shop. His friend advised him to prepare a written document describing formally all the relevant external and internal elements involved in starting a new venture. It will not only help in understanding the feasibility and viability of the proposed venture but also facilitate in assessing and making provisions for the bottlenecks in the progress and implementation of the idea.
State any six points of importance of the concept discussed by Mahesh with his friend.

What are the main public relations tools?

An entrepreneur uses a name of famous brand of product for marketing his product. He uses a similar logo for this purpose. Is he correct? Suggest him a correct way.

What do you understand by venture capital?

Under which franchising model, the manufacturer grants a store owner the authority to distribute e goods manufactured under their brand name?