MBOSE Class 12 Question Paper 2022 for Entrepreneurship – Text
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HS/XII/Com/En/22
2022
ENTREPRENEURSHIP
( Commerce )
Full Marks : 70
Time : 3 hours
The figures in the margin indicate full marks for the questions
General Instructions :
(i) Write all the answers in the Answer Script.
(ii) All questions are compulsory.
(iii) Attempt all parts of a question together at one place.
Answers to Question Nos. 1 to 5 should not exceed 15 words
each : 1×5=5
1. What do you mean by ‘business opportunity’?
Or
What do you mean by ‘idea fields’?
2. Give the two forms of budgeting process.
Or
What is target market?
3. What is collateral security?
Or
What is debt-equity ratio?
/60 [ P.T.O.
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4. What is meant by financial management?
Or
Mention any two types of budget.
5. What is unit cost?
Or
Define project report.
Answers to Question Nos. 6 to 10 should not exceed 30 words
each : 2×5=10
6. State the two basic qualities of a successful
entrepreneur.
7. Why is it important for an entrepreneur to do
break-even analysis?
8. From the following information obtained from the
financial statement of Quick Ltd, calculate return on
equity :
Net income earned—R 1,00,000
Equity—R 5,00,000
9. State two functions of labelling.
10. ABC Ltd. decided to raise funds by issuing shares. The
finance department felt that the company should offer
the shares to the existing shareholders on a pro-rata
basis. Which method of raising funds can the company
opt for?
Answers to Question Nos. 11 to 17 should not exceed
45 words each : 3×7=21
11. Why are copyright and patent important for an
entrepreneur?
HS/XII/Com/En/22/60 [ Contd.
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12. Sunrise Ltd. is in FMCG industry. They introduced a
new variety of biscuits in the market. It has high fibre
contents with different new flavours, incorporating
various multigrains. State which promotion strategy
should be used by Sunrise Ltd.
13. Modern Store sells 1000 insulated water bottles
annually. Demand for the product is uniform. Purchase
cost of the product is R 50. Holding cost per annum is
10% of purchase cost. Ordering cost is R 100 per order.
Calculate the economic order quantity for bottles.
14. Name any three central level financing institutions
supporting an entrepreneur.
15. What are the three steps of marketing plan?
16. Distinguish between creativity and innovation (any three
points).
17. Give three points of differences between partnership and
company.
Answers to Question Nos. 18 to 21 should not exceed
60 words each : 4×4=16
18. Explain four elements of marketing mix.
19. Write brief notes on the following (any two) :
(a) Working capital
(b) Fixed capital
(c) Venture capital
(d) Debt capital
HS/XII/Com/En/22/60 [ P.T.O.
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20. Differentiate between an entrepreneur and an
employee.
21. Explain the importance of business environment.
Answers to Question Nos. 22 to 24 should not exceed
75 words each : 6×3=18
22. Explain in detail, the various formalities required to start
a business.
Or
Explain the various factors involved in assessing the
market while selecting a product or service.
23. Explain the various elements of operational plan.
Or
What is human resource planning? Explain the steps
involved in estimating the number of employees
required in a company.
24. Explain the important functions of stock exchanges.
Or
Discuss the factors affecting the determination of capital
structure.
HS/XII/Com/En/22/60 22K—2590