Enterprise Marketing — Entrepreneurship STD 12 Commerce — Question

Explain the organisation and management, membership and functioning of stock exchange in India.

What do you mean by export and import?

Saksham and Pratham were partners in taxi business. Their business was doing very well. They thought of expanding but they also wanted to reduce personal risk. They wanted to protect their own possessions from business creditors in event of failure, so they thought of changing the form of business where their liability will be limited. For this, they wanted to sell shares to friends, family and some employees.

1. Identify the new form of business to be adopted.
2. State two demerits of partnership form.

Explain 'Market-survey and analysis' as a feature of a feasibility plan.

Explain the role of ‘Financial Resources’ for an entrepreneur.

Name any three Central level financing institutions and explain how they support entrepreneurs.

Who, what, when, where, why and how, it is well-defined by which step of S.M.A.R.T. goal setting. How does it help?

Explain the concept of ‘circulating capital’ with the help of an example.

Give any four reasons, when a sole proprietorship form should be adopted.

Why primary market is also known as new issue market? Give one reason.