Enterprise Marketing — Entrepreneurship STD 12 Commerce — Question

Make a proforma of Income statement.

Why is ‘Customer Relationship Management’ important for any business? Explain briefly.

Who is a stakeholder?

Why is direct selling preferred for a monopolistic market?

Explain any two activities that can be performed by Human Resource Department (HRD) to promote Employee Relationship Management (ERM)?

Kareem after completing his XII class from his village school joined the course of electrician in an ITI in a town near his village. On completion of this course he tried for a government job but could not get the same. He, therefore, decided to work as a helper to a renowned electrician of the area. After working with him for two years, he decided to start his own electrician shop in the village. For this, he purchased equipment of Rs. 10,000 and hired a shop at a monthly rent of Rs. 2,000. He himself managed the shop.

1. Identify the kind of business organisation set up by Kareem.
2. State any four characteristics of the identified form of business organisation.

What is a product?

Various government and private agencies publish periodic profiles of various projects and industries. How do you think these project files can help emerging entrepreneurs?

When an enterprise is born the equilibrium between the two sets of forces is required. Identify the forces.

Before operationalisation of a Hindu Undivided Family business, its Karta has to fulfil certain legal formalities. Explain any three such legal formalities.