MBOSE Class 12 Question Paper 2024 for Entrepreneurship

Meghalaya Board of School Education

QUESTION
PAPERS

Total No. of Printed Pages—4
HS/XII/Com/En/24

2024

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 meant by creativity?
Or
What is idea field?

2. What is TAN?
Or
State any two elements of operational plan.

3. What is the primary goal of business?
Or
What is branding?

/34 [ P.T.O.

( 2 )

4. What is meant by internal expansion?
Or
What is value chain?

5. Mention any two essentials of a budget.
Or
What is meant by rights issue?

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

6. Mention any two benefits of understanding the business
environment.

7. State any two characteristics of partnership business.

8. What does the marketing strategy of a company include?

9. State any two types of mergers.

10. Mention any two features of Angel investor.

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

11. Briefly explain the factors involved in sensing
entrepreneurial opportunities.

12. Explain any three characteristics of Hindu Undivided
Family (HUF).

13. Discuss the importance of business plan to an
entrepreneur.

14. What are the rules for goal setting?

HS/XII/Com/En/24/34 [ Contd.

( 3 )

15. Explain any three advantages of franchising to a franchisee.

16. Briefly explain the objectives of financial management.

17. A bookseller sells 30000 pens per year. Purchase cost is
R 6 per pen. Holding cost per annum is 20% of purchase
cost. Ordering cost is R 500 per order. Calculate the EOQ.

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

18. Describe the different components of a financial plan.

19. Explain any four qualities of a good brand.

20. Explain the factors affecting working capital.

21. What is venture capital? Explain any three features of
venture capital.

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

22. David has decided to start a leather belt manufacturing
company. He is not aware of the various formalities
involved in the process of setting up the unit. Explain to
him the procedure.
Or
Explain the various sources of idea fields.

HS/XII/Com/En/24/34 [ P.T.O.

( 4 )

23. Vedica started her high-end boutique in a posh locality,
but she was not aware of how to make her boutique
popular in the area. Suggest some measures for it.
Or
ABC Company 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.

24. Delight Co. produces dolls and toy cars. Fixed costs are
R 1,00,000 per year for each type of product. Sales price
and variable cost per unit are as follows :

Dolls Toy Cars
(R) (R)
Sales price 30 40
Variable cost 15 20

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

Or

Explain the importance of stock exchanges from the
viewpoint of companies and society.

HHH

HS/XII/Com/En/24/34 24K—3160

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Study Materials
Notes

Model Papers Class 6 Notes

Sample Papers Class 7 Notes
Half Yearly Sample Papers Class 8 Notes

Class 9 Notes
Important Resources
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Periodic Table
Class 11 Notes
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