MBOSE Class 12 Question Paper 2020 for Entrepreneurship Old Course

Total No. of Printed Pages—4
HS/XII/Com/En/OC/20

2020

ENTREPRENEURSHIP

( Old Course )

( 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 are the qualities that distinguish an entrepreneur
from others?

2. What does the word ‘scan’ mean?

3. What is a ‘field of ideas’?

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4. What do you understand by the term ‘economic
viability’?

5. Why is the customer called a ‘king’?

Answers to Question Nos. 6 to 10 should not exceed
30 words each : 2×5=10

6. When does a problem become an opportunity?

7. What do you mean by ‘sustainable development’?

8. What do you mean by technical feasibility?

9. Why is the working capital called circulating capital?

10. What are the social responsibilities of an entrepreneur
towards the environment? (two points)

Answers to Question Nos. 11 to 17 should not exceed
45 words each : 3×7=21

11. Why is entrepreneurship important for a country?

12. Why do financial institutions seek a project report from
an entrepreneur?

13. What do you understand by the term ‘market size’ ? How
does the market size affect profitability?

14. Give the formula of EOQ and write down its
assumptions.

15. How does market segmentation help in enhancing the
business?

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16. Explain briefly any three objectives of financial planning.

17. What are the features of debentures?

Answers to Question Nos. 18 to 21 should not exceed
60 words each : 4×4=16

18. What are financial ratios and what do they indicate?

19. Explain creative process.

20. How does market mix play an important role in
enhancing sales?

21. What is skimming pricing method? What are its
advantages?

Answers to Question Nos. 22 to 24 should not exceed
75 words each : 6×3=18

22. Explain any six ways in which ideas can be generated.

Or
Explain any six steps which help in identifying a feasible
product or process.

23. State the uses of a project report for—
(a) the entrepreneur;
(b) the financial institution;
(c) the Government.

HS/XII/Com/En/OC/20/47 [ P.T.O.

( 4 )

Or
What steps would you take as an entrepreneur to provide
motivation to the employees in your factory?

24. Explain with example the various types of sales
promotion techniques.
Or
Depending upon the form of business organisation, an
entrepreneur deals with a number of functions in
financial management. Explain these functions.

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HS/XII/Com/En/OC/20/47 20K