What is a business opportunity?
Concept: Concept and Elements of Business Opportunity
Write the meaning of product identification in terms of business opportunity.
Concept: Concept and Elements of Business Opportunity
“An opportunity may be derived from the needs and problems of the society.” Comment.
Concept: Concept and Elements of Business Opportunity
What is meant by goal setting?
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.
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.
Concept: Goal-setting and Smart Goals
Give any two contents of business plan.
Concept: Business Organization
What is marketing strategy?
Concept: Various Marketing Strategies Used in a Firm
Who plays a very vital role as a financial intermediary?
Concept: Capital Markets
State any one advantage each for a company that opts for private placement and rights issue as a source to raise funds.
Concept: Capital Markets
Kavita started a boutique named ‘Stylo queens’. She replaced old sewing machines with new one’s during the pandemic to manufacture masks and PPE kits. Gradually her boutique became popular and seeing the swelled up demand for her products she further installed extra machines to cater to the growing demand of the increasing customers. From the profits earned, she decided to further expand the business by starting a new business of cushion covers and bed sheets.
- Identify the type of expansion mentioned above.
- What is the net result of such an expansion?
- Explain the expansion discussed above.
Concept: Growth and Development of an Enterprise
‘While there are benefits of going public as a source of finance for a company, it also means additional obligations'.
Analyse and justify the statement.
Concept: Capital Markets
What factors are involved in the process of sensing an entrepreneurial opportunity?
Concept: Factors Involved in Sensing Opportunities
What are the factors involved in sensing opportunities?
Concept: Factors Involved in Sensing Opportunities
Enlist the various sources which lead to the emergence of basic ideas.
Concept: Factors Involved in Sensing Opportunities
“Sensitivity to environmental factors is essential for an entrepreneur.” In light of above statement explain the importance of environment scanning.
Concept: Factors Involved in Sensing Opportunities
Elaborate the factors involved in sensing opportunities.
Concept: Factors Involved in Sensing Opportunities
What are the components of marketing mix?
Concept: 4p’s of Marketing
Assertion (A): In franchising there is usually a much higher likelihood of success when an individual opens a franchise as opposed to a mom-and-pop business.
Reason (R): It runs on a proven business formula that is already in place.
Concept: Franchising
Franchising is advantageous for both franchisor and franchisee. Explain five advantages of franchising for the franchisee.
Concept: Franchising