Entrepreneurship Journey — Entrepreneurship STD 11 Commerce — Question

Describe the beginning of world famous fast food chain KFC.
OR
How did KFC begin its operations?

Why is finance called as a master key?

Name the types of entrepreneurs according to Danhof.

Name some common social media networks.

What do you mean by goodwill?

Name the book in which all cash transactions are recorded.

Fill in the blanks using the options below:
(Fixed cost per month, profit, sales or revenues, loss, expenses, total revenue, gross margin per unit, income, fixed cost)
Break even volume per month is equal to ................................................

Dinesh, after completing his studies, returned to his hometown, Jabalpur. Jabalpur is famous for its soft marble and many craftsmen make beautiful statues from this marble. Yet, he was surprised to learn that they made barely enough to fulfil their basic needs.
On researching about the probable reasons for their plight, he found that they were unorganised and lacked the financial strength to market their produce. He decided to organise these craftsmen in the form of a cooperative society. The cooperative society provided finance to the craftsmen, and helped them to market their products through a e-portal. Within 2 years, the standard of living of the craftsmen improved considerably.

1. To which category of entrepreneur does Dinesh belong to?
2. Identify the values exhibited by Dinesh.

What does the trailblazer's business strengths include?

What is an enterprise?