NCERT Solutions for Class 11 Entrepreneurship Chapter 5E 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 the various … [Read more...]
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NCERT Solutions for Class 11 Entrepreneurship Chapter 6 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 is known as? Answer: (i) Unit of sales … [Read more...]
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NCERT Solutions for Class 11 Entrepreneurship Chapter 5C 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 … [Read more...]
NCERT Solutions for Class 11 Entrepreneurship Entrepreneurship: Concept and Functions
NCERT Solutions for Class 11 Entrepreneurship Chapter 1 Entrepreneurship: Concept and Functions TEXTBOOK QUESTIONS SOLVED Question 1. Answer each of these questions in about 15 words: What is an Enterprise? Who is an Entrepreneur? Who plays the role of an entrepreneur in a socialist country? Answer: An enterprise is the business organization that is formed … [Read more...]