Enterprise Marketing — Entrepreneurship STD 12 Commerce — Question

Nandini purchased a new mobile phone, however her earlier was also in working condition, so she sold it to one of her friends. Is Nandini engaged in business activity?

Vipin Taneja has completed his Master's degree in Computer Science from IIT, Delhi. He thought of an attractive economic idea which could be implemented to create a business, earn profits and ensure further growth. The idea was to link the different restaurants with the Indian railway network so that while travelling, the railway passengers can order food as per their liking.
List any two elements of the concept discussed above.

Define company as given in Companies Act, 2013.

Describe the tag line of Promise tooth paste.

Intellectual Property rights include which type of rights?

Entrepreneurial activities can be divided into which major categories?

What is the first sign of entrepreneurial talent?

The salespersons are in direct contact with the customers and are able to highlight each and every feature of their own product and the negative aspects of the competitor's product. Which type of sales strategy is being discussed above?

Mention the two types of human activities.

'Bikaner wallah' is selling fast food to the customers. Write the name of channel of distribution used by the company.