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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Which of the below is a factor of production? - Commerce

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Question

Which of the below is a factor of production?

Options

  • Land

  • Labour

  • Entrepreneurship

  • All of the above

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Solution

All of the above

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Chapter 23: Elements of Entrepreneurship - Exercise [Page 219]

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Samacheer Kalvi Commerce [English] Class 12 TN Board
Chapter 23 Elements of Entrepreneurship
Exercise | Q I. 1. | Page 219

RELATED QUESTIONS

Training broadens the vision of entrepreneurs.


Match the correct pairs:

Group 'A' Group 'B'
a. Economic activity
b. Highly optimistic
c. External values
d. Internal values
e. Motivation




 
1. Self fulfillment
2. Entrepreneurship
3. Passion
4. A sense of belonging
5. Entrepreneur
6. Positive or negative
7. Benefit
8. Dimension
9. Necessity Based
10. Market opportunity

A successful businessman takes a calculated risk.


Define an entrepreneur. 


Justify the following statement.

Entrepreneur must be a good communicator. 


Select the correct option.

(Innovation, niche tourism, agro-tourism, entrepreneurship, Start-up India)

Group A Group B
A. The idea of bringing urban residents to agricultural farm  _____________________
B. Agro tourism is form of _____________________
C. __________________ To introduce new combination of products and features
D. A full-time job which requires dedication and hard work. _____________________
E. ______________ Entity having headquarter in India

Entrepreneur is not classified as ______.


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Explain the following term/concept in detail.

Entrepreneur


Select the correct option from the bracket and complete the table:

(e-business, Agro-tourism, Planning, High Court Judge, Recurring Deposit Account)

Group 'A' Group 'B'
(a) ____________ (1) The detailed programme of future course of action
(b) The idea of bringing urban resident to agricultural farm (2) ____________
(c) ____________ (3) Account operated by salaried and businessmen both
(d) Superset of e-commerce (4) ____________
(e) ____________ (5) State Commission

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