Q41. Which of the following statement is not correct about product or product business?
Q42. Read the following case-study and identify what kind of business is this?
Sana wears beautiful new earrings every day which she makes by herself. She finds the designs online, buys cheap materials and makes them at home with the help of her sister. Her friends at the college were amazed and placed orders for similar earrings.
Q43. Read the following case-study and identify what kind of business is this?
Pragya’s parents bought her a bike on her birthday last year.
She used it to go to her college and to meet her friends.
Since her friends usually had to take a bus for transport, in case of
an emergency, they would sometimes ask her to drop them.
This gave her an idea of starting a quick, goods-delivery service using
her bike! In her free time, she started the delivery service for people
in her area. She became famous! She later employed five people to work
in her delivery company.
Q44. Suman was buying earrings from a wholesale market and selling it to people. What kind of business is this?
Q45. Products for selling are made at ___________________
Q46. Trade and Manufacturing businesses are types of _______________________
Q47. Wholesalers, distributors and retail shops are examples of _________________
Q48. The first steps of starting a business is _____________________________
Q49. In the _________________ learning system of Entrepreneurship development, training programmes are conducted to bring about awareness, knowledge and skills related to entrepreneurship
Q50. ______________________ development is the process of improving the skills and knowledge of entrepreneurs