Enterprise Marketing — Entrepreneurship STD 12 Commerce — Question

What is B.E.P? Why an entrepreneur should know about it?

'CRM is important because a major driver of company profitability is the aggregate value of the Os company's customer base? Do you agree? Justify.

Explain any three factors that influence the decisions with regard to orders of inventory.

Differentiate between ‘Owner’s fund’ and ‘Borrowed funds’ on the basis of:

1. Fixed obligations.
2. Permanence.
3. Risk capital.

Picturising ahead every step in a long series of separate operations, each step to be taken in the right place, of the right degree and at the right time. Each operation is to be done at maximum efficiency.
This is the objective of one of the components of a business plan.

1. Identify the component.
2. There are three situations before the venture under this component.

Explain briefly those three situations.

Distinguish between Fixed Capital and Working Capital.

'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.

A control system is important for a business' Why?

Sales strategy is of immense use for sales representatives. How?

Give the unit of sale for the following businesses: Mall, Restaurant, Cricket Match, Theatre.