Understanding the Market — Entrepreneurship STD 11 Commerce — Question

Briefly explain 'group mentoring' as a form of mentoring based on the mode of delivery.

What do you mean by Gross Profit?

Small-scale industries are wide spread in the country. Give some examples of SSIS operational in different parts of the country.

What is medium term capital?

Classify the factors responsible for business risks.

Mr. Sanjay is the HR Manager of 'Sprint India Limited', a company engaged in the manufacturing of sports goods. With the approaching Commonwealth Games, the company is flooded with orders. Due to lack of competent staff, Mr. Sanjay decides to outsource some of the work. The company's management agrees on the condition that the quality of the work should not be compromised upon. Suggest Mr. Sanjay the different methods through which work can be outsourced. Also, identify the value being communicated by the company.

Name the person who introduced first motivational theory and when.

State any five essential attitudes of an entrepreneur.

Name few institutions in India which are famous for giving away innovation awards.

“As entrepreneurs climb the ladder of success, they should not forget that for success to be long lasting they will have to follow some ethical standards in their business practices.". Give some examples related to it.
OR
Give five examples of ethical standards to be followed by an entrepreneur in their business practices for long lasting success.