Enterprise Marketing — Entrepreneurship STD 12 Commerce — Question

Arjun owns a factory which manufactures glass products. Some of his products are also patented. During the last 3 years of operating business, he has failed to provide for depreciation and amortisation. Now, some of the assets need replacement and he is facing shortage of funds. Advise him, as to why he should charge depreciation and amortisation? Which values are violated by him by not providing for the above?

You are an entrepreneur who is deciding the operational plan for your business.

1. Use a cheaper technology which lets you dispose of the waste water and lets you fix the price of your product low.
2. Use a technology that is a little expensive as it lets you recycle that waste water into water fit for drinking. In this case, you will have to fix the price a little higher in order to earn profits.
3. Use the technology that recycles the waste, do not change the price. And go about cost cutting though efficient utilisation of resources.

Give reasons for your selection of an alternative.

Answer each of these questions in about one hundred and fifty words:
Explain the importance of Stock Exchange from the viewpoint of investors.

Harsh has come up with a innovative idea of school bags. He believes that this can bring a new way of thought in the minds of consumers with respect to school bags. He want to start the production of bags by setting up SSI in the industrial area. He should contact which financial institute for assistance in opening his innovative venture. Write the features of this financial institution.

What are the various types of brand names from the entrepreneur’s perspective?

Which are the four basic categories of business?

What are the factors an entrepreneur has to keep in mind whilst assessing the market?

“Public issue is the most popular method of raising capital these days by the entrepreneurs.” Explain its benefit and drawbacks.

Distinguish between ICICI and SIDBI.

How an environment offers the firm/ entrepreneur numerous opportunities in changing the needs of customers and market? Give two examples.