NCERT Solutions for Class 12 Entrepreneurship Chapter-6 Resource Mobilization TEXTBOOK QUESTIONS SOLVED SECTION-A: FINANCE A. VERY SHORT ANSWER TYPE QUESTIONS 1.What do you understand by finance? Answer. ‘Finance’ refers to funds or monetary resources needed by individuals, business houses and the government. 2.Give the significance of finance in an enterprise. Answer. The significance of finance…
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NCERT Solutions for Class 12 Entrepreneurship Chapter-5 Business Arithmetic TEXTBOOK QUESTIONS SOLVED A. VERY SHORT ANSWER TYPE QUESTIONS Question 1. Explain the following terms with proper example: SKU Cash flow Cash inflow Cash outflow Re-order point Cash flow projection Cash conversion cycle Answer. SKU: Stock Keeping Unit (SKU) code (a) All items in the inventory…
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NCERT Solutions for Class 12 Entrepreneurship Chapter-4 Enterprise Growth Strategies TEXTBOOK QUESTIONS SOLVED A. VERY SHORT ANSWER TYPE QUESTIONS Question 1. What are the two ways in which an organisation can expand? Answer. Internal Expansion and External Expansion are the two ways in which an organisation can expand. Question 2. Who is a franchisor? Answer.…
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NCERT Solutions for Class 12 Entrepreneurship Chapter-3 Enterprise Marketing TEXTBOOK QUESTIONS SOLVED A. VERY SHORT ANSWER TYPE QUESTIONS Question 1. What is meant by goal setting? Answer. “Establishing short or long term objectives, usually incorporating deadlines and quantifiable measures.” Question 2. What is marketing strategy? Answer. Marketing strategy is defined by David Aaker as “A…
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NCERT Solutions for Class 12 Entrepreneurship Chapter-2 Entrepreneurial Planning TEXTBOOK QUESTIONS SOLVED A.VERY SHORT ANSWER TYPE QUESTIONS Question 1. Give any two contents of business plan. Answer. General introduction and Business venture. Question 2. Who can write the business plan? Answer. Any person(s) who wish to start a business venture can write the business plan.…
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NCERT Solutions for Class 12 Entrepreneurship Chapter-1 Entrepreneurial Opportunity TEXTBOOK QUESTIONS SOLVED A.VERY SHORT ANSWER TYPE QUESTIONS Q1. What is a business opportunity? Ans. It refers to an attractive and accessable economic idea which could be implemented to create a business, earn maximum profit, and leads to further growth. Q2. What factors are involved in…
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NCERT Solutions for Class 12 Entrepreneurship Here is the list of chapters for Class 12 Entrepreneurship NCERT Textbook. Chapter 1 Entrepreneurial Opportunity Chapter 2 Entrepreneurial Planning Chapter 3 Enterprise Marketing Chapter 4 Enterprise Growth Strategies Chapter 5 Business Arithmetic Chapter 6 Resource Mobilization