MBOSE Class 12 Question Paper 2023 for Entrepreneurship

Total No. of Printed Pages—4
HS/XII/Com/En/23

2023
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 is environment scanning?
Or
How does brainstorming help in generating ideas?
2. Mention any one characteristic of a company.
Or
What is meant by budgeting?
3. What is a logo?
Or
What is sales promotion?
4. What is vertical merger?
Or
What is the main goal of value chain?

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5. State any one objective of financial management.
Or
What is money market?

Answers to Question Nos. 6 to 10 should not exceed 30 words
each : 2×5=10
6. Distinguish between idea generation and idea fields.
7. Why does an entrepreneur need to prepare a business
plan?
8. State any two pricing methods.
9. Explain any two features of angel investor.
10. State any two reasons for failure of mergers and
acquisitions.

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

11. ‘‘Entrepreneur and employee are not synonymous of each
other.’’ Do you agree? Justify your answer.
12. Briefly discuss any three elements of operational plan.
13. Ravi has started with a bakery unit from his house. But
very soon he realized the absence of a proper plan.
In the light of the above statement, discuss the
importance of preparation of a business plan.

14. What is negotiation? Explain any two types of negotiation.
15. ABC Ltd. were earlier producing pencils, now they have
decided to further venture into the field of notebooks and
paper. What do you think the company is attempting to
do? Identify and explain the concept.

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16. Cloud Ltd. is producing toilet soap. Annual quantity
produced is 600 units. Cost of placing an order is R 48,
price per unit is R 20, cost of storage is 20% of inventory
value. Calculate EOQ.

17. Briefly explain any three features of venture capital.

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

18. What is meant by sensing of entrepreneurial
opportunities? State the various factors involved in
sensing opportunities.

19. David is planning to start with a milk processing unit. He
is finding it very difficult to understand the financial
matters. Explain to him the meaning and importance of a
financial plan.

20. Arvind has a chain of retail stores around many States of
the country. What promotional strategies he will have to
take so that it suits his business?

21. What is financial management? Discuss the three key
elements in the process of financial management.

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

22. What is meant by creativity? Explain the creative process.
Or
What is manpower planning? Why is it necessary for every
business unit?

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23. ‘‘Brand name gives an identity to a product.’’
In the light of the above statement, explain the
advantages of branding.
Or
Franchising gives a quick start to a new business. In this
connection, explain the advantages of franchising both for
the franchisor and franchisee.

24. Toy Land Co. produces toy cars and toy bicycles. Fixed
costs are R 10,00,000 per year for each type of toy. Sales
price and variable cost per unit are as follows :

Toy Cars Toy Bicycles
(R) (R)
Sale Price 20 25
Variable Cost 8 10

How many toy cars and toy bicycles the company must
produce to break-even?

Or

Explain any six functions of a stock exchange.

HHH

HS/XII/Com/En/23/60 K23—3010