Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

What is the basic common documentation required for opening a current account?

“Saraswati Stationery House” sold in one day the following items:

Items	Unit prise (in ₹)	Quantity	Total Billed Amount (in ₹)
Ball Point Pen; Black colour Multi Colour Blue Colour	6 10 20	20 20 13	120 200 260
Gel Pen; Simple box Geometric box	10 70	6 1	60 70
Note book (Copies) 100 pages 225 pages practical File Graph copy	20 40 50 20	20 10 7 5	400 400 350 100
Eraser	10	10	100
Whitner pen	25	2	50
Pencil per dozen	50	6	300
scale	20	10	200
sketch pens	25	3 doz..	75
sharpner Fancy	4 20	5 5	20 100
Total		265	5000

The shopkeeper also found out, based on the number of bills issued by him, that there were 50 customers.
Calculate:

1. Unit of Sale
2. Unit Price
3. Unit Cost (70 % of its Selling Price/Unit Price)
4. Gross Margin per unit of sale.

Name the element of a 'Project Report' that deals with the description and use of the product/service. Also state the other areas which find a place in this element.

ChryslerTop management in all divisions overspent, especially, in new product development and generous union contracts were continually signed year after year. Vehicle prices soared with little consumer incentives and franchised dealers were placed in the position of moving product which consumers didn't want.
The Chrysler Crossfire, when introduced was fine but had many mechanical problems, as did the Sebring. When the PT Cruisers came out, the marketing was great but the assembly lines couldn't keep up with the demand and many turned to other manufactures who were tired of waiting for PT Cruisers to hit showroom floors. Too many product lines were dropped or modified leaving Chrysler fans up in arms. Loyal Jeep owners weren't pleased with the stoppage of the base Cherokee. Still, spending continued with little concern for regaining profits to pay expenses. In the end, Chrysler, LLC was forced through a bankruptcy restructuring and now ownership is very diverse including the entering Fiat Still, brand loyalty or Chrysler is at an all time low.

1. What, according to you, is the principle reason for Chrysler's failure?
2. What was the basic problem with Chrysler Crossfire, Sebring and PT Cruisers?
3. Was poor management also a factor responsible for Chrysler's failure?

What is a production plan?

Answer each of these questions in about one hundred and fifty words:
Write down the sectors of organized and un–organized market?

“A leading manufacturer of athletic shoes merges with a soft drink firm”. Identify the type of conglomerate merger the explain.
OR
Acquisition of General Foods, a diversified food products company, by Philip Morris, a Tobacco manufacturer. Identify the type of conglomerate merger and explain.

What is the cost of budgeting?

Answer each of these questions in about one hundred and fifty words:
Explain how Capital markets are the most important source of raising finance for an entrepreneur.

An entrepreneur proposes to produce 1000 shirts per week for which he needs Rs. 50,000 for purchasing raw materials, Rs. 20,000 towards the payment of labour charges and Rs.10,000 for purchase of a machinery. His operating cycle is 2 weeks.
Calculate the working capital requirements of this entrepreneur and also give the meaning of 'Operating Cycle'.