Commerce (English Medium) Class 12 - CBSE Question Bank Solutions for Entrepreneurship

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Entrepreneurship
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What is a business opportunity?

[0.01] Entrepreneurial Opportunity
Chapter: [0.01] Entrepreneurial Opportunity
Concept: Concept and Elements of Business Opportunity

Write the meaning of product identification in terms of business opportunity.

[0.01] Entrepreneurial Opportunity
Chapter: [0.01] Entrepreneurial Opportunity
Concept: Concept and Elements of Business Opportunity

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“An opportunity may be derived from the needs and problems of the society.” Comment.

[0.01] Entrepreneurial Opportunity
Chapter: [0.01] Entrepreneurial Opportunity
Concept: Concept and Elements of Business Opportunity

What is meant by goal setting?

[0.03] Enterprise Marketing
Chapter: [0.03] Enterprise Marketing
Concept: Goal-setting and Smart Goals

Give the meaning of tagline with the help of an example.

[0.03] Enterprise Marketing
Chapter: [0.03] Enterprise Marketing
Concept: Goal-setting and Smart Goals

What are the rules for goal setting?

[0.03] Enterprise Marketing
Chapter: [0.03] Enterprise Marketing
Concept: Goal-setting and Smart Goals

Explain in detail SMART goals?

[0.03] Enterprise Marketing
Chapter: [0.03] Enterprise Marketing
Concept: Goal-setting and Smart Goals

Assertion (A): For a trading organization, the operating cycle will be shorter.

Reasoning (R): There is no manufacturing in a trading organization.

[0.02] Enterprise Planning
Chapter: [0.02] Enterprise Planning
Concept: Types of Economic Activities

The level of sales to the level of revenue generated is a useful parameter for mapping an organization's present and future course of action. Justify.

[0.03] Enterprise Marketing
Chapter: [0.03] Enterprise Marketing
Concept: Goal-setting and Smart Goals

Give any two contents of business plan.

[0.02] Enterprise Planning
Chapter: [0.02] Enterprise Planning
Concept: Business Organization

What is marketing strategy?

[0.03] Enterprise Marketing
Chapter: [0.03] Enterprise Marketing
Concept: Various Marketing Strategies Used in a Firm

What does the marketing strategy of a company include?

[0.03] Enterprise Marketing
Chapter: [0.03] Enterprise Marketing
Concept: Various Marketing Strategies Used in a Firm

What is sales strategy?

[0.03] Enterprise Marketing
Chapter: [0.03] Enterprise Marketing
Concept: Various Marketing Strategies Used in a Firm

Explain the different types of sales strategies?

[0.03] Enterprise Marketing
Chapter: [0.03] Enterprise Marketing
Concept: Various Marketing Strategies Used in a Firm

Why should we advertise?

[0.03] Enterprise Marketing
Chapter: [0.03] Enterprise Marketing
Concept: Various Marketing Strategies Used in a Firm

What are Public Relations?

[0.03] Enterprise Marketing
Chapter: [0.03] Enterprise Marketing
Concept: Various Marketing Strategies Used in a Firm

 Who is a stakeholder?

[0.03] Enterprise Marketing
Chapter: [0.03] Enterprise Marketing
Concept: Various Marketing Strategies Used in a Firm

 What are the main public relations tools?

[0.03] Enterprise Marketing
Chapter: [0.03] Enterprise Marketing
Concept: Various Marketing Strategies Used in a Firm

Explain any six commonly used media options.

[0.03] Enterprise Marketing
Chapter: [0.03] Enterprise Marketing
Concept: Various Marketing Strategies Used in a Firm

Imagine that you have started selling FMCG goods then what kind of promotional strategies will you be using?

[0.03] Enterprise Marketing
Chapter: [0.03] Enterprise Marketing
Concept: Various Marketing Strategies Used in a Firm
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