Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

Is there any category of persons who are exempt from obtaining registration?

Give the year of establishment and type of organisation for the following stock exchanges in India.
Delhi Stock Exchange.
Pune Stock Exchange.

Mahesh is a young man of 20 years. He has completed a tailoring course from an industrial training institute. He wants to start a big-size tailoring shop in a modern locality where young men and women working in various multinational companies live. He went to one of his friends who had completed a diploma course in textile designing to discuss about the opening of the tailoring shop. His friend advised him to prepare a written document describing formally all the relevant external and internal elements involved in starting a new venture. It will not only help in understanding the feasibility and viability of the proposed venture but also facilitate in assessing and making provisions for the bottlenecks in the progress and implementation of the idea.
State any six points of importance of the concept discussed by Mahesh with his friend.

State whether the working capital requirements of a business manufacturing the following items are big or small. Justify your answer.

1. Air coolers.
2. Bread.
3. Sugar.
4. Locomotives.
5. Furniture manufactured against order.

Explain 'Propensity for Risk-taking' and 'Faith and commitment to a planning paradigm' as entrepreneurial competencies.

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

CRM is essential for a business, why?

What is the basic difference between 'depreciation' and 'amortisation'? Give any two methods of charging depreciation.

Explain the concept of 'break-even point' with the help of an example.

What are proprietary statements?