Entrepreneurship as Innovation and Problem Solving — Entrepreneurship STD 11 Commerce — Question

Fill in the blanks using the options given below:
(One time cost, fixed, amount start-up cost, business, operational cost, nature, variable)
It is important to remember that fixed costs are "fixed in .............." and not necessarily "fixed in ............"

What are manager's business strength?

Name the word 'mentor' comes from.

'A person starts a business venture because he lost his job'. Which form of entrepreneur is he?

Define and explain 'business ethics'.

Define 'financial planning’.

Give two examples of self-actualisation needs.

Match the following:

(a)	Garment Shop	(i)	Kilogram
(b)	Plumber	(ii)	Litre
(c)	Real Estate/ Apartment	(iii)	Piece/ Dozen
(d)	Consultant	(iv)	Meter (of fixed width)
(e)	Fruit Vendor	(v)	Time: Hour
(f)	Textile	(vi)	Square feet
(g)	Dairy	(vii)	Time: Hour

Give the examples of businesses that fit the authoritarians.

An entrepreneur should be aware of certain factors before entering into new geographical markets. State those factors.