Resource Mobilization — Entrepreneurship STD 11 Commerce — Question

Motivation can be defined as stimulating, inspiring and inducing the employees to perform to their best capacity. Motivation is a psychological term which means it cannot be forced on employees or it comes automatically from inside the employee as it is the willingness to do the work. List the social motive behind entrepreneurial motivation.

Why mentor is also called as trusted guide?

Define the mix which relates to deciding about the key components of a product.

What do you mean by reputation?

Differentiate between backward integration and forward integration.

Business intelligence is the ability of an organisation to collect, maintain and organise data. In the light of the above statement, give the benefits of business intelligence for an organisation.

Certain aspects of marketing are uncontrollable. Name any two such aspects.

There are two common methods used for surveying. State them.

How L.H. Haney has defined the term “Business'?

What do you mean by internal trade? Name its types.