Understanding the Market — Entrepreneurship STD 11 Commerce — Question

Write down the main objectives of various Government Schemes for entrepreneurs.

Give the features of internal trade.

What is business in cubation?

Example 1: From the following information calculate Suman's income by preparing an income statement.
Zeel has started selling bedsheets from her own house. She purchases :
30 bedsheets (single bedsheets) from a wholesale dealer for ₹ 300 per bedsheet and selling at ₹ 400 per bed sheet.
30 bedsheets (single bed with pillow covers) for ₹ 350 per bedsheet and selling for ₹ 450 per bedsheet.
She purchases 20 bedsheets (double bed with pillow covers) for ₹ 500 per bedsheets and selling for ₹ 650 each
She spent : ₹ 500/- for advertisement(Pamplets and Advertising poster), ₹ 100 Maintenance Expenses and she decided to take ₹ 200 for rent expenses.

Discuss the various external factors responsible for business risks.

State whether the following require small or large working capital. Answer should be supported by a valid reason:

1. Selling ice-creams.
2. Following a liberal credit policy.
3. Dealing in stainless steel wares.
4. Using capital intensive technology.

"Performing Sellers" sustain and succeed in the market. How?

What are the motivator's business strength?

How can the economic environment create positive influence for an entrepreneur?

Classify entrepreneurs on the basis of motivational factors.