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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Which of the below is a factor of production?

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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.


A successful businessman takes a calculated risk.


An entrepreneur is a person who starts a ______.


Select the correct option.

(Innovation, Niche Tourism, Agro tourism, Entrepreneurship)

Group A Group B
l) The idea of bringing Urban resident to agricultural farm _________________
2) Agro-tourism is a form of _________________
3) __________________ To introduce new combination of products & features
4) ___________________ A full time job which requires, dedication & Hard-work.

Study the following case/situation and express your opinion.

Mr. Soham is a young MBA degree holder. Mr. Navin is a B.Com graduate. Mr. Soham is willing to start dairy farm at his village. Mr. Navin is willing to work as a cashier in Private Company.
  1. Find out the dream of Soham and Navin.
  2. State anyone feature of entrepreneur.
  3. To become a successful entrepreneur, which qualities Mr. Soham should have?

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

Explain the following term/concept in detail.

Entrepreneur


Study the following case/situation and express your opinion:

Mr. Sumedh is a young MBA degree holder and Mr. Mayur is a B.Com graduate. Mr. Sumedh is willing to start a dairy farm at his village. Mr. Mayur is willing to work as a cashier in a private company.

  1. Find out the dream of Mr. Sumedh and Mr. Mayur.
  2. State any 1 feature of entrepreneur.
  3. To become a successful entrepreneur, which qualities Mr. Sumedh should have?

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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