Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

From the following information calculate return on investment and return on equity. Rishab and Hrithik quit their jobs with established companies to start an egg restaurant in the city. Their friend Vikas Nema, who is still works at a bank, has invested money in the restaurant and works there on Saturdays and Sundays. They opened 'Ostrich'-The egg café near Chappan Dukan, the city's famous eating joint in New Palasia area. The eating joint which opened two months ago sells variety of egg dishes with a twist. They initially invested ₹ 28, 46,000 in which ₹ 24,00,000 own money and borrowed a loan from bank for ₹ 4,60,000 at an Interest rate 10% per annum. Assumed tax rate to be 50%.

One of the essential objectives of managing the market is "Securing Goodwill". Explain.

Name any three Central level financing institutions and explain how they support entrepreneurs.

Which is the most difficult stage of creative process?

‘Safe Wheelers’ is an upcoming cab service. The promoters knew that they are entering a highly competitive market. They gathered information on existing cab services and changing customer preferences and incorporated those observations into their operations. In order to reach the customers promptly, they developed an ‘App’ to book, track and trace the cabs 24 × 7. To create an environment of trust all drivers were grouped into two shifts: 6am.–6pm. for female drivers and 6pm.–6am. for male drivers. GPS systems were installed in all cabs to monitor their movements. The fare payment could be either by an e-wallet or through the ‘Safe Wheelers Smart Card’. As soon as the services were launched, they were a grand success.
Identify and explain the concept that helped the company to succeed.

How an internal expansion may be financed?

How can you represent the idea of a synergy mathematically?

How marketing research helps an entrepreneur?

Explain with example how 'Existing Products or Services' help in generation of ideas.

Explain Cash Conversion Cycle in short.