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Published on: 13/05/2022
QB365 provides detailed and simple solution for every Book back Questions in class 12 Commerce Subject. It will helps to get more idea about question pattern in every book back questions with solution.
latest Book back QuestionsDownload Tamil Nadu 12th Standard Commerce question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Commerce Test1.
Distinguish between the rural and urban entrepreneur.
2.
Discuss the nature of functional entrepreneurs.
3.
Explain in detail on classification according to the type of business.(any 5)
1.
| SI.No | Rural Entrepreneur | Urban Entrepreneur |
|---|---|---|
| 1. | These are people who start a venture in rural locations like villages and semi-urban areas. | These are people who commence his entrepreneurial activities in urban areas like State Capital District headquarters, Towns, Municipalities. |
| 2. | They are agricultural and trading entrepreneurs prefer to set up their venture in rural areas. | They may be industrial entrepreneur or cor entrepreneur. |
| 3. | They are provided a lot of economic and fiscal incentives to start their venture In rural and semi-urban areas. | There is no such incentives are provided to those entrepreneurs. |
| 4. | The cost of operation of rural ventures tends to be low | The cost of operation in urban areas are high |
| 5. | It creates employment opportunities in rural areas. | Employment opportunities are low. |
2.
1. Innovating Entrepreneur
(a) Innovative entrepreneur is one who is always focussed on introducing a new-project or introducing something new in the venture already started.
(b) Their innovation may take the form of brand new product, upgraded product, new method of production, reengineering of existing product etc.
2. Imitative Entrepreneur
(a) Imitative entrepreneur is one who simply imitates existing skill, knowledge or technology already in place in advanced countries.
(b) For example many electronic products invented in advanced countries are simply reengineered in developing countries
3. Fabian Entrepreneur
(a) These entrepreneurs are said to be conservatives and sceptical about plasticising any change in their organisation. They are of risk-averse type.
(b) They do not simply change themselves, they change only when they fear than non-adaptability will lead to loss of the enterprise.
4. Drone Entrepreneur
(1) Drone Entrepreneur are those who are totally opposed to changes unfolding in the environment.
(2) Drone never try to adapt themselves with the changes even as a last resort. Example : Global Tooth Power.
3.
(i) Business Entrepreneur:
(a) Business entrepreneur is called solo entrepreneur. He/She is the one who conceives an idea for a new product/ service and establishes a business enterprise to translate his is idea into reality.
(b) Business entrepreneur takes up production, operations and pursues marketing activities.
(ii) Trading Entrepreneur:
(a) Trading entrepreneurs are those who restrict themselves to buying and selling finished goods.
(b) They may be engaged in domestic and international trade. Their core strength lies in distribution and marketing
(iii) Industrial Entrepreneur:
(a) These are entrepreneurs who manufacture products to cater to the needs of consuming public after identifying the need left unfulfilled by the manufacturer hitherto.
(b) Industrial entrepreneurs mobilise the resources of various types and create an entity to manufacture the products or service.
(iv) Corporate Entrepreneur:
(a) Corporate entrepreneur is called promoter. He/She entrepreneur takes initiative necessary to start an entity under corporate format.
(b) Corporate entrepreneur assembles all the resources and put in place organisation to run the business on a day-to-day basis.
(v) Agricultural Entrepreneur:
(a) Agricultural entrepreneurs are those entrepreneurs who raise farm products and market them.
(b) Those who raise allied products like poultry, meat, fish, honey, skin, agricultural implements, flower, silk, fruits, prawn, etc. are called
agriculturalentrepreneur.
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Tamilnadu Stateboard 12th Standard Subjects

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Chemistry

Physics

Biology

Computer Science

Business Maths and Statistics

Economics

Commerce

Accountancy

History

Computer Applications

Biology

Computer Technology

Computer Applications

Computer Science

Business Maths and Statistics

Commerce

Economics

Maths

Chemistry

Physics

Computer Technology

History

Accountancy

Tamil

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