Arts (English Medium) इयत्ता १२ - CBSE Question Bank Solutions for Entrepreneurship

“If you don’t adapt, you don’t endure”. Evaluate the validity of the statement.

Vinay was a young entrepreneur who wanted to start a new business with an initial investment of 25 lakhs. He was not sure of what business he has to undertake. His friend suggested seeking the help of professionals who would spot the latest trends in the market and give him an idea, but Vinay decided to do it by himself. Suggest the various ways by which he can do it.

An individual wants to start an enterprise that manufactures steam iron which can be imported from Germany. The material available in Germany is a little better in quality. However, there are no safety issues with the one available in India which material would you go for and why? (Social responsibility, import substitution).

According to you, what kind of organisational set up is better – an autocratic form of an organization where there is absolute centralization of power and the communication from is from top to bottom. Or A democratic form of an organization where power is decentralized and communication from both the ends. Justify? 

Given below are the factors necessary for developing a successful idea.

Identify the correct combinations from the given options.

Which amongst the following values would help an entrepreneur to determine the Return on Investment?

1. Net Profit
2. Gross Profit
3. Inventory carrying cost per unit.
4. Total Capital Invested
5. Weighted average contribution

A grocery owner has an equity stake of ₹ 40,000/- in the business. He has borrowed ₹ 60,000/- at the interest rate of 10% per annum. He made a net profit of ₹ 20,000/- in one year.

What will be the Return on Equity for the grocery owner?

Mr. Dhambani is the CFO of Cherico Industries. He has to present the analysis of the financial health of the company during the last financial year, 2022-2023. He is making a presentation for the Annual Board Meet. To clearly explain the position he needs to work on:

1. Financial Plan
2. Economic order quantity
3. Return on Investment
4. Break Even Analysis
5. Return on Equity

Jai Prakash Ltd., was running into losses for the past few years. The company appointed a consultant to look into the reasons for the loss. The consultant after analysing everything framed a sales strategy which helped the sales force spend time targeting the correct customer at the right time. This helped the company to revive their profits within a few months. Explain the types involved in this strategy.

From the above case study, identify and explain the factors which Pooja has paid attention whilst doing market assessment.

Explain the first five steps involved in idea and opportunity assessment.

What is the meaning of trend spotting?

What are the various ways in which an entrepreneur spot trends?

What do you understand by Trend Spotting? What are the ways by which entrepreneurs can spot trends?

Who can write the business plan?

How many formats are available to design a successful business plan?

 What is a proforma income statement?

What is a Business Plan?

 What is elevator pitch?

How many sources of funds are available for arranging funds for business enterprises?