Name of the Board : CBSE Academic
Class : XII STD
Subject : Entrepreneurship
Year : 2015-16
Website : http://cbseacademic.in/SQP_CLASSXII_2015_16.html
Download Sample Question Paper : https://www.pdfquestion.in/uploads/8044Entrepreneurship.pdf
Entrepreneurship Sample Question Paper :
Time: 3hours
M.M. :70
Related : CBSE Academic Class XII CBSE Academic Class XII English Elective CBSE Set B Sample Question Paper : www.pdfquestion.in/8042.html
| S.no. | Questions | Unit/Typo | Marks |
| 1. | What is meant by ‘mutual agency of partners’? | 1/K | 1 |
| 2. | Since her college days Mehak, loved the thrill of adventure sports. She was an avid reader which helped her to keep track of various new adventure sports taken up all around the world. She had recently read an article on increasing trend towards ‘space tourism and adventurous holidays’. Using her personal experiences and her passion for adventure sports she decided to start a company called ‘YOLO’. For the same purpose she also decided to collect statistics to see how much of these sports were accepted in our country. Identify the ways in which she was able to spot the trend. | 1/A | 1 |
| 3. | ‘For a viable venture to be born, an entrepreneur is required to apply his knowledge, skill, competencies and creativity strategically to market’. Identify the requirement to be complied with by these factors for successful processing of an idea into opportunity. | 1/H | 1 |
| 4. | Although not mandatory, some entrepreneurs may file part I of entrepreneurs memorandum District Industries Centre. Why? | 1/U | 1 |
| 5. | What is meant by ‘financial management’? | 3/K | 1 |
| 6. | Fizz & Lime is an established beverage company which started bottling Wheat Grass Juice; Bitter gourd with Jamunand Amla with Aloevera. It is planning to expand externally without compromising on the unique taste of these drinks.
Belligio Juices got exclusive rights to manufacture and sell Wheat Grass and Amla Aloe under the name Fizz& Lime. Belligio Juices had to use only the ingredients supplied by Fizz& Lime to produce, bottle and distribute the two drinks. a. Identify and explain the form of external expansion adopted by Fizz& Lime. b. State any one feature of this form of expansion. |
2/A. | 2 |
| 7. | State any two factors which lead to effective employee relationship. | 2/K | 2 |
| 8. | “Human life is built around works”. Identify the form of Business Organisation being talked about in the following sentences:-
(a)”The one-man control is the best in the world if that man is big enough to manage everything.” (b)”Two heads being better than one.” (c)”Self-help as well as mutual help system.” (d)The birth of this legal person is by law and can be put to death by law only.(0.5*4=2) |
1/A | 2 |
| 9. | Chacko Ltd. has been manufacturing umbrellas since 1980. They are the market leaders in manufacturing small hand size umbrellas. They have their production | 1/H | 2 |
| 10. | Why does an entrepreneur need to scan environment? Explain. | 1/U | 2 |
| 11. | Diary foods ltd., has been well known for it’s products throughout India. They started manufacturing Biscuits and chocolates in the year 1995 and slowly built their brand. The company occupied the top position in terms of sales and it increased it’s product range also. By 2010 they were the undisputed leader in the field of confectionaries. Their annual general meeting was held wherein the Board of directors felt that the company should also be socially responsible in doing their business. They decided to use new technologically advanced recycled paper for all their products which would retain the freshness of their products as well as contribute towards the saving of our planet.
By doing this the company has modified their goods in a particular way to create a new product of greater value to the customers. Identify the concept mentioned above and explain it from financial and marketing point of view. |
2/H. | 3 |
| 12. | Explain any three sources which lead to the emergence of basic ideas. | 1/K | 3 |
| 13. | Differentiate between Standardized product and Customized product. Which channel of distribution is best suited for customized product/goods? | 2/U. | 3 |
| 14. | Explain the following features of a cooperative society:
Democratic management Capital and return thereon Distribution of surplus |
1/K | 3 |
| 15. | Aditi started a beauty parlor business. She spend Rs.30,00,000/- to open the parlor of which she invested 14,00,000/- of her own money and borrowed a loan for 16,00,000/-. Interest rate per annum is 14%. Sales revenue per month is 1,60,000/-. Cost of goods sold is 60,000/- per month. Fixed expenses for that month is 60,000/- (salary 40,000/-, rent and utility 20,000/-), depreciation 30,000/- and tax @ 15%. | 3/A | 3 |
| 16. | Ms. Rosy is a readymade garments manufacturer. Her Annual Usage rate is 225Pcs. The cost of placing each order is Rs.8/- and the carrying cost is Rs.4 per unit. Calculate the Economic Order Quantity (EOQ).
How does calculating EOQ facilitate budgeting? |
3/EVM | 3 |
| 17. | Ram was very thrilled with his new job. He was placed in a small factory manufacturing door knobs as a stock keeper. After a few days, while taking stock he understood that nuts and various small parts constituted majority of the cost of production .After some time, the firm went into a loss and the owner decided to look into the various factors that could have constituted the loss. Ram | 3/H | 3 |