SET - 2

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 SET -
SAI International School
PREBOARD-2 EXAMINATION, 2020-21
CLASS-XII
SUBJECT – ENTREPRENEURSHIP ( 066 )
SET-2

Time Allowed: 3 hours Maximum Marks: 70

Name: D SUNANDA Date: **.01.21

General Instructions:
The Question Paper is divided into 5 parts. There is no overall choice, though internal choice is given.
● Section A has 21 objective questions carrying 1 mark each.
● Section B has 5 questions carrying 2 marks each. Answer may be within 50 to 75 words.
● Section C has 3 questions carrying 3 marks each. Answers may be about 100 words.
● Section D has 3 questions carrying 4 marks each. Answers may be about 150 words.
● Section E has 3 questions carrying 6 marks each. Answers may be about 200 words.

Qu Mark
No s
SECTION –A
1 ‘Ecological factors ‘constitute a part of 1
(a) Internal environment (b) micro environment (c) macro environment (d) None of these
2 In the creative process,________ is also called seeding stage. 1
3 LPG rationing led the manufacturers to come out with induction cooker. Which importance 1
of environment does the above example indicate?
(a) Identification of opportunities to get first mover advantage
(b) Tapping useful resources
(c) Better performance
(d) Image building
4 ______ Sector is the most growing field during 1990 - 2000. 1
(a) Primary
(b) Secondary
(c) Service
(d) None of the above
5 Hemant approached his father seeking Rs.5,00,000 for his new venture. He had planned to 1
start a computer assembling unit. Though his father was in a position to give him the money
he still insisted that he should take a loan from the bank which will make him more
responsible. When Hemant approached the bankers, they asked for a business plan. Hemant
was not sure as to who can help him in preparation of the business plan. Who among the
following can prepare the business plan?
(a) Lawyers
(b) Accountants
(c) Marketing consultants
(d) All of the above

6 Sudha started her small-scale business of making Pickles along with few of her neighbors 1
using their free time at home. They named their venture ‘Home Sweet Home’. They were
able to supply the entire district. One of the members suggested that they should expand and
start selling to other states. When she discussed the same to her husband, he suggested that
they have to properly look into the environment analyzing the competitors. He suggested
Sudha to
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 ernational School
PREBOARD-1 EXAMINATION, 2020-21
CLASS-XII
SUBJECT – ENTREPRENEURSHIP ( 066 )

Time Allowed: 3 hours Maximum Marks: 70

Name: D SUNANDA Date: **.01.21

General Instructions:

Qu Marks
No
1 ‘Suppliers’ constitute a part of 1
(a) Internal environment (b) micro environment (c) macro environment (d) None of these
2 In the creative process,________ is also called the validation or testing stage 1
3 LPG rationing led the manufacturers to come out with induction cooker. Which importance of 1
environment does the above example indicate?
(a) Identification of opportunities to get first mover advantage
(b) Tapping useful resources
(c) Better performance
(d) Image building
4 ______ Sector is the most growing field these days. 1
(a) Primary
(b) Secondary
(c) Service
(d) None of the above
5 ______are those goods which directly satisfy the wants of the consumers. 1
(a) Consumer goods
(b) Producer goods
(c) Durable goods
(d) None of these
6 While choosing a form of business, an entrepreneur should consider which amongst the following 1
factor(s)?
(a) Size and nature of business
(b) Level of control
(c) Tax implications
(d) All of these
7 Divyansh is the CEO of a company and he always pay special attention to the recruitment of 1
personnel. He himself supervises all the interviews and decides upon the personnel to be selected.
He keeps a close eye on manpower required by different departments and how they are to be
recruited. He firmly believes that the people working in a firm make it what it is. Here, Divyansh pays
attention to __________.
8 Break-even point is useful for the entrepreneur as it helps in assessing 1
(a) the minimum level of output to be produced
(b) the selling price of the product
(c) the effect of change in quantity of output upon the profits
(d) All of the above
9 Angel investors generally invest in a business involving low risk and high return. True/false 1
10 PapTap is a soft drink company. It sells 200 ml bottle for Rs.8 and 2,000 ml bottle for Rs.55. The 1
company follows ________strategy.

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 11 ‘Uber’ company providing cab services through mobile app is an example of _______sales strategy. 1
12 XY Limited manufactures plastic buckets. The CEO wants to select a distribution channel for his 1
buckets. The factors related to product to be kept in mind are
(a) Unit value of product
(b) Perishability
(c) Technical nature
(d) All of these
13 In_______ type of negotiation, each party stands benefitted by the final deal. 1
14 Kunal decides to take franchise of NIIT for his town. In the given example, Kunal is the ______ 1
15 Company B produces cricket bats and Company A produces cricket balls. Both the companies decided 1
to merge together and after merger, Company A loses its identity and exists as a part of Company B.
The merger being discussed here is absorption.
16 Providing sipper tops on beverages bottles is an example of 1
(a) Quality added value
(b) Environmental added value
(c) Cause-related added value
(d) Cultural added value
17 A cash flow projection for 30 days would be more accurate than a cash flow projection for 6 months. 1
True/False
18 Cash flow statement relates to _______data.
(a) Historical
(b) Present
(c) Futuristic
(d) None of these
19 Mohit is the Production Manager of his company. He has been asked to prepare a budget for his 1
department which is to be presented in the annual general meeting.
Mohit will be required to prepare
(a) Operational budget
(b) Production budget
(c) Sales budget
(d) Marketing budget

20 Annual consumption of units in 1

Aahaar Limited = 2000 units,
Buying cost per order = Rs.12,
Price per unit = Rs.1,000,
Storage cost as percentage of inventory = 12%,
EOQ= ?
(a) 400 units (b) 20 units
( c) 200 units (d) 100 units
21 Primary market is also referred to as ‘new issues market”. True/false 1
22 State two objectives of IDBI. 2
23 Explain the stages of enterprise building process. 2
24 Classify the following into business, profession and employment. 2
(i) It requires minimum academic qualification and other qualification with a certificate of
practice.
(ii) A hawker sells toys on the market pavement.
25 “Government regulations affect choice of channel of distribution.” How? 2
26 Explain briefly any two features of stock exchange. 2
27 ABC company, manufacturing shoes, has taken over XYZ company which also manufactures shoes at 3
a small scale. What do you think will be the reason for this kind of takeover?
28 Hari and Ram were partners in taxi business. Their business was doing very well. They thought of 3
expanding but they also wanted to reduce personal risk. They wanted to protect their own

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 possessions from business creditors in event of failure, so they thought of changing the form of
business where their liability will be limited. For this they wanted to sell shares to friends, family and
some employees.
(i) Identify the new form of business to be adopted
(ii) State two demerits of partnership firm
29 What is AIDA? 3
30 What do you understand by business opportunity? What are the elements of business opportunity? 3
31 Explain in detail the primary activities of Porter’s generic value chain management? 4
32 Explain any four functions of Stock Exchange. 4
33 Messy after graduating from college went back to her home town in Meghalaya. It was a small town 6
with very few job opportunities. The Karbi tribal women in that area were uneducated but still
practiced the method of obtaining traditional colors from natural wild herbs. Their most popular dye
was Indigo obtain from the leave called SIBU, using these colors they added variety to their textiles.
The women were mainly confined to their homes and they did not know how to make a living out of
their talent. Messy went for door to door and analysed the problem that existed. She thought of
setting up a voluntary association of rural women who would be able to join and leave the
organization at their own will without any coercion or intimidation.
(i) Name the process which helped Messy in converting and idea into an opportunity
(ii) Identify the kind of organization that Messy has decided to set-up.
(iii) State any two features of the above identified organization.
OR
Explain in detail the steps of opportunity assessment.

34 Calculate break –even point for a stationary shop on the basis of given information. 6
Details PW PX PY PZ
Selling price 3000 4000 5000 6000
Variable cost 1200 2200 3000 2400
Fixed expenses 18000 36000 24000 72000
OR
What are the two forms of budget? Discuss the benefits of a budget.

35 Explain the various steps involve in preparing a marketing plan. 6

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