Business Arithmetic - CBSE Notes for Class 12 Entrepreneurship CBSE NotesCBSE Notes EntrepreneurshipNCERT Solutions Entrepreneurship 1. ABC (Always Better Control) analysis can help you control your inventory better. (i) VILFREDO PARETO (1848-1923) (a) 20% of population owns 80% of nations wealth. (b) 20% of employees cause 80% of problems. (c) 20% of items accounts for … [Read more...]

Enterprise Growth Strategies - CBSE Notes for Class 12 Entrepreneurship 1. Small enterprises are vulnerable to slightest changes in the environment. 2. Main forms of external expansion are: (a) Franchising; (b) Merger; (c) Acquisition. 3. Sustainability is important managerial function for an entrepreneur. 4. Franchising is an arrangement through which the manufacturer or … [Read more...]

Enterprise Marketing - CBSE Notes for Class 12 Entrepreneurship CBSE NotesCBSE Notes EntrepreneurshipNCERT Solutions Entrepreneurship 1. Fundamental goal of business is to make profit. 2. Goal setting is just the first step to achievement. 3. SMART goals are specific, measurable, achievable, relevant, and time-based goals. 4. Marketing strategy is a process that can … [Read more...]

Entrepreneurial Planning - CBSE Notes for Class 12 Entrepreneurship 1. Entrepreneurial activities are of three major categories: Manufacturing, trading and service providing. 2. Business is ‘A state of being busy or occupied’. 3. Activities undertaken to earn monetary benefits are called economic activities. 4. Activities done out of love and affection and not to earn … [Read more...]

Entrepreneurial Opportunity - CBSE Notes for Class 12 Entrepreneurship CBSE NotesCBSE Notes EntrepreneurshipNCERT Solutions Entrepreneurship 1. Meaning of Business Opportunity: Business opportunity can be described as an economic idea which can be implemented to create a business enterprise and earn profits. Elements of Business opportunity: - Assured market scope, - An … [Read more...]