Entrepreneurship questions for CBSE XII

The process of identifying, developing, and bringing a vision to life—which may be an innovative idea, an opportunity, or a better way to do something—is called:

The total investment required to start a business, including fixed capital and initial working capital before the enterprise begins generating cash, is called:

The unique image or position a product occupies in the minds of target consumers relative to competing brands is called:

Which of the following forms of business organization has the advantage of absolute decision-making autonomy but bears unlimited personal liability?

The term 'Angel Investor' refers to:

Which of the following strategies involves growing a business by offering existing products to new geographic markets?

Which of the following represents a variable cost in a manufacturing unit?

Which pricing method adds a standard markup percentage to the total cost of producing a product?