Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

Answer each of these questions in about fifteen words:
What do you understand by private placement?

State the liability of a partner.

Give one difference between Income Statement and Cash Flow Statement.

How does market research help in generating ideas?

What are market driven ideas?

External sources are those sources of financing which are raised from outside the business. Give any two examples of raising finance through this source.

‘First School Ltd.’ is an acclaimed infrastructure development company. It designs the buildings for educational institutions in a unique way to give the maximum benefits of nature to the different stakeholders in the institution. Generally, the buildings have been designed by them in such a way that during the day maximum sunlight is utilized and solar panels conserve solar energy for the rest of the day. This helps to conserve electricity and reduce the electricity bill.
Identify the type of value added by ‘First School Ltd.’.

Is it necessary to register a partnership firm?

Distinguish between a 'Joint Stock Company' and a 'Joint Hindu Family Business' on the basis of 'liability of its members'.

What areas are covered by Product Mix?