Entrepreneurial Opportunity — Entrepreneurship STD 12 Commerce — Question

Give the meaning of 'Routing' and 'Scheduling' as elements of operational plan.

'An activity can be economic activity in one situation and non-economic in another situation'. Do you agree? Give an example to justify your answer.

Explain 'Propensity for Risk-taking' and 'Faith and commitment to a planning paradigm' as entrepreneurial competencies.

Give any two examples which explain how ideas can be generated based on 'Natural Resources'.

Name the 'Element of a Project Report' that deals with the manufacturing process, product design and drawings. Also state the other areas which find a place in this element.

What is AIDA?

What is franchising?

Product quality, customer satisfaction and company profitability are intimately 'connected'. Comment.

Aditya Bearings Ltd. are the manufacturers and suppliers of ball bearings to fan manufacturing companies. The company requires 900kg. of wrought iron for its production process. The cost of placing each order is ₹ 50 and carrying cost is ₹ 100. Calculate Economic Order Quantity.

State any four basic functions involved in 'selling' as a function of exchange.