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CBSE XII Sample / Mock 2017 : ENTREPRENEURSHIP (with Marking Scheme / Solutions)

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ENTREPRENEURSHIP SAMPLE PAPER 2016-17 Time allowed: 3 hours S. No. 1. Ans. 2. Ans. 3. Ans. 4. Ans. 5. Ans. 6. Ans. 7. Ans. Maximum Marks: 70 Questions/ Expected Value Points Name the two things that are taken care in a reorder point? Lead time and Demand during lead time. Deepak Ltd., has been manufacturing cycles since 2010. Their market share in this field is 35%. They decided to introduce new cycles with advanced gear systems in 2015. For the same they estimated their financial requirements to be 20 crore. They decided to raise the same through a limited number of sophisticated investors. Identify this kind of issue? Private placement Rishabh lives in Vijay Nagar, a residential colony near Delhi University (DU). Being close to DU this area is a hub for students who come from outside Delhi to study here as they find good accommodation with Tiffin service readily available. Rishabh has a vacant residential building there. He found it to be an attractive economic idea to start a Paying Guest House. He knows that he has a good market because of the location of his building. State the other requirement he has to ensure before opting for this opportunity. The rate of return on the investment has to be attractive to be accepted by him. What is meant by private sector enterprise ? Private sector enterprises are those which are owned, controlled, and managed by private individuals, with the main objective of earning profit. State the role of a sales person in personal selling. Companies appoint salesperson to contact prospective buyers and create awareness about the company s product. What is meant by seed capital financing? What the entrepreneur has to do to convince the investor to get money? It refers to the capital required by an entrepreneur for conducting research at pre commercialization stage. The entrepreneur has to convince that his idea was worthwhile to the investor. Ragini, a career oriented mother, hardly got time to cook for the family. She decided to hire a cook but was not able to find one who could cook according to the taste of the family. Her sister Abha sensed that this problem is not only faced by her sister but also by many working women. She launched a website namely Dial for food where housewives who had culinary ability and were interested to cook could drop in their contact details and households where specific cuisine was required could leave in their requirements so that through the website home cooked food could be delivered. The website mainly helped in identifying the requirement and fulfilled it through providing delivery service. Identify any two uses of problem identification to Abha. 1. Bring out new products in the market 2. Increase employment generation EP/SAMPLE PAPER/16-17 Unit/Typo 5 (U) Marks 1 6 (App) 1 1(HOTS) 1 2/ (R) 1 3/ (R) 1 6 (R) 2 1/App 2 Page 1

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