NCERT Solutions for Class 11 Entrepreneurship Resource Mobilization TEXTBOOK QUESTIONS SOLVED. Question 1. Answer in not more than 15 words: (i) Define the term ‘resources’. (ii) Why do entrepreneurs need resources? (iii) What do you mean by mobilisation of resources’? (iv) Name two state level organisations, which provide information about the infrastructural facilities. (v) How…
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NCERT Solutions for Class 11 Entrepreneurship Business Finance and Arithmetic TEXTBOOK QUESTIONS SOLVED. Question 1. Answer the following in about 15 words: (i) What do you mean by Unit of Sale? (ii) What do you mean by Gross Profit? (iii) When you sell your product but the buyer does not pay your money immediately, it…
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NCERT Solutions for Class 11 Entrepreneurship Marketing Mix TEXTBOOK QUESTIONS SOLVED. Question 1. Answer each of these questions in about 15 words: (i) What is Marketing? (ii) What is Commerce? (iii) To which tool of the marketing mix does ‘Brand Name’ pertain? (iv) What is meant by price mix? (v) What is done under place…
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NCERT Solutions for Class 11 Entrepreneurship Know Thy Business TEXTBOOK QUESTIONS SOLVED. Question 1. Answer each of these questions in about 15 words: (i) Define the term ‘Business’. (ii) What is the epicenter of human life? (iii) Enlist any four characteristics of Business. (iv) What is the final outcome of an industrial activity? (v) Name…
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NCERT Solutions for Class 11 Entrepreneurship Expanding Markets TEXTBOOK QUESTIONS SOLVED. Question 1. Answer each of these questions in about 15 words: (i) Define ‘Strategy’. (ii) Give another name for “Market Expansion Grid”. Answer: (i) Strategy represents the set of decisions, actions and reactions that first generates and then exploit over time, a new entry…
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NCERT Solutions for Class 11 Entrepreneurship Researching the Market Facts That Matter TEXTBOOK QUESTIONS SOLVED. Question 1. Answer each of these questions in about 15 words: (1) What is ‘Market research’? (2) What is ‘Market Survey? Answer: Market research is a systematic gathering, recording and analyzing of data about ‘problems’ which is a continuous process.…
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NCERT Solutions for Class 11 Entrepreneurship Analysing the Market Environment TEXTBOOK QUESTIONS SOLVED. Question 1. Answer each of these questions in about 15 words: (i) What is micro environment? (ii) Give one point of difference between the primary forces and secondary forces. (iii) Who is a producer? (iv) What is meant by the term ‘demographic…
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NCERT Solutions for Class 11 Entrepreneurship Concept of Market: Market, Market, Where are you? TEXTBOOK QUESTIONS SOLVED. Question 1. Answer each of these questions in about fifteen words: (i) What is meant by E-commerce? Answer: (i) E-commerce is defined as the conduct of industry, trade and commerce using the computer networks. An electronic communication among enterprises,…
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NCERT Solutions for Class 11 Entrepreneurship Entrepreneurship as Innovation and Problem Solving TEXTBOOK QUESTIONS SOLVED. Question 1. Answer each of these questions in about 15 words: (i) Name any two institutions involved in Entrepreneurship Development Program. (ii) Who is a social entrepreneur? (iii) What are insurable risks? (iv) What are non-insurable risks? (v) What is…
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NCERT Solutions for Class 11 Entrepreneurship Entrepreneurial Journey TEXTBOOK QUESTIONS SOLVED Question 1. Answer the following in about 15 words: (i) List the fields in which ‘Trailblazer’ has business strengths. (ii) List the fields in which ‘Motivator’ has business strengths. (iii) List the fields in which ‘Collaborator’ has business strengths. (iv) List the fields in…
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