"One-man control is best in the world if that man is big enough to manage everything." This statement holds true for _________________ form of business organization.
Partnership form of organisation was developed due to the inherent limitations of sole proprietorship. One of them is limited capital, identify the other two?
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___________ section of the business plan generally begins with the "mission statement" by the entrepreneur describing the size, scope and nature of the enterprise.
A Company is called an artificial person because_________.
Which of the following factors does the macro-environment not include?
Which of the following formats of business plan is not targeted towards the external stakeholder?
What is the minimum number of members required to start a public company?
A company generally affixes a ________ in most of it’s documents.
An idea should eventually lead to success of the venture of an entrepreneur. Which among the following ideas will an entrepreneur have to select?
(i) Each partner is liable for acts performed by other partners.
(ii) Each partner can bind other partners and the firm by his acts done in the ordinary course of business.
Which feature of partnership is highlighted by these two statements?
Nelson started an AC repair shop in his area after doing a diploma course. What idea field is it?
Karan has learnt the art of zardozi work from his grandfather and father. He opened a designer boutique exclusively for bridal wear all by himself. He introduced new designs in his work which is highly appreciated by everyone.
What form of business organisation is operated by him?
Identify the third element in the innovation process from the given options.
As per law, a business and owner are one and same in case of sole proprietorship. What characteristic does this imply?
What is the minimum paid up capital required to start a private ltd. company?
Which is the first stage in the process of innovation?
What is the basic test of a successful entrepreneur?
___________ component of a financial plan helps to ascertain the highest possible returns on investment.
Identify the third stage in Opportunity Project Interface.
Which form of business organisation can commence business immediately after incorporation?
What can serve as a basis for formulation of strategies and policies?
Sara had established a home-made papad business in Pune. Papads made by her were very popular in her locality but being the sole owner and manager of business, she could neither introduce many flavours because of limited financial resources.
Which of the following characteristic of her business, does this situation imply?
Which of the following feature applies ONLY to a public company?
Which statement is NOT correct about the company form of business organisation?
As an entrepreneur begins gathering all this information regularly, they will start to develop a "trend-spotter mind." As they absorb and mull about what they have read, heard and observed, they will start to make connections and observations that will lead to business-boosting insights. What type of trend spotting is this?
Priya owns a company called Sunshine Estate Pvt. Ltd. Siddhi and Siddhika are other two members of the company. The company has 130 employees. Total yearly turnover of Sunshine Estate is ₹ 10 crore. Total paid up capital is ₹ 10 lakh. The shares of members cannot be transferred. Is the company eligible to be termed as a private company?
Manoj is engaged in manufacturing air conditioners. The following information is available to you:
Reliance Industries in its AGM of 2021 shows a power point presentation of performance of FY 2021 and future plans of including the chairman of Saudi Aramco as independent director in Reliance. It has a new project to invest in ₹ 75 thousand crore to start green energy segment, which was explained by Mukesh Ambani himself through this presentation. What format of business plan did he use?
Gaurav Gupta co-founder of Zomato Ltd. made a plan to share all the details about revenue, funds and their utilisation, liquidity and how they are planning to meet their financial obligations while taking the company public for the potential shareholders. What plan did he lay out?
Amit observes that the changed lifestyle of the people has made them workaholic and because of this they have become prone to various diseases. They rely on medicines for every little health problem. Allopathy medicines have side effects and people hesitate to consume them. He decides to make herbal medicines and sell them in the market. His herbal remedies worked well and so he decides to grow these herbs himself in order to reduce cost. Which idea field did Amit used for his business?