Download App

Understanding the Market — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipUnderstanding the Market4 Marks
Question
Which forces govern the market?
✓

Answer

The goals, objectives, policies, strategies, etc. of the organization are the foremost forces which govern the market. Successful companies are those that can recognize and respond profitably to unmet needs and trends in the society. Unmet needs always exist.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "4 Marks Question" from Understanding the Market→Understanding the Market — all question types→Entrepreneurship STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

‘With the change in government at the site centre, Mr. Narendra Modi, the Prime Minister of India, introduced several new incentives for entrepreneurs including the implementation of GST (Goods and Service Tax), saying that entrepreneurship is the need of the hour. Is Mr Modi's contention right? Justify your answer. What value is exhibited by Mr Modi by giving such incentives to entrepreneurs?
→
Explain the characteristics of a Cottage and Rural industry.
→
Explain any four drawbacks that the women entrepreneurs face in India.
→
What do you understand by physical resources? Availability of resources determines the location of an enterprise. Do you agree? Justify of your answer?
→
How can the economic environment create negative influence for an entrepreneur?
→
Describe the role of E-business or E-commerce in the developing countries.
→
What are the motivator's business strength?
→
What do you mean by Break Even Point?
→
Why should entrepreneurs ensure that there is a "right individual at the right job"?
→
List some unsolved problems in the world.
→