Business Arithmetic — Entrepreneurship STD 12 Commerce — Question

State the nature of money market. Who are the major participants in the money market?

Name and explain the concept which states that at a particular volume of production, a firm os neither makes a profit nor a loss.

What are the factors involved in sensing opportunities?

Prerna is a sole proprietor. Over the past decade, her business has grown from operating a neighbourhood corner shop, selling accessories such as artificial jewellery, bags, hair clips and nail art to a retail chain with three branches in the city. Although she looks after the varied functions in all the branches, for better management of the business she is thinking to convert her sole proprietorship into some other form of business. She also has plans to open branches countrywide. However, she is afraid of the fact that in case the business incurs losses, her personal property may be called upon to pay the business debts. She is also feeling that she may not be able to effectively manage a large business because of her deteriorating health.

1. Identify and explain the features of sole proprietor business highlighted in the above case.
2. Also suggest to her the form of business organisation which will help her in continuing her business, stating reason in support of your answer.

“Stock Exchange provides safety and security in dealings”. How?

How does franchising help start-ups?

Why is environment an important factor for entrepreneurship? State.

Explain the term 'SKU' with an example.

Explain any four factors which affect the formulation of a financial plan.

What are the five ways in which creative ideas can be generated?