Indian School Muscat First Preliminary Exam (Sample Paper) Entrepreneurship Class : XII Date : Marks : 70 Time : 3Hrs. General Instructions : 1. All questions are compulsory. 2. Marks are indicated against each question. 3. Questions Nos. 1 to 5 are very short answer questions carrying 1 mark each. Answers to these should not exceed 15 words. 4. Question Nos. 6 to 10 are short answer questions carrying 2 marks each. Answers to these should not exceed 50 words. 5. Questions Nos. 11 to 17 are short answer questions carrying 3 marks each. Answer to these should not exceed 75 words. 6. Question Nos. 18 to 21 are short answer questions carrying 4 marks each. Answers to these should not exceed 150 marks. 7. Questions No. 22 to 24 are long answer questions carrying 6 marks each. Answers to these should not exceed 250 words, No Questions Marks 1 What is business opportunity? 1 2 Who can write the business plan? 1 3 Why is a logo important for a company. 1 4 What is acquisition? 1 5 Define cash flow projection. 1 6 What are the factors involved in sensing opportunities? 2 7 Explain the term elevator pitch. 2 8 Differentiate between trade mark and brand mark. 2 9 Explain the different types of sales strategies. 2 10 Why is goal setting important? 2 11 What are the factors an entrepreneur has to keep in mind while assessing the market? 3 1 12 What is synergy? In what forms can it take place? 3 13 Discuss the disadvantages of franchising to franchisee. 3 14 There are three key elements in the process of financial management. Explain them. 3 15 Explain the importance of Stock exchange from the viewpoint of Companies. 3 16 Explain how capital markets are the most important source of raising finance for an entrepreneur. 3 17 Write a short note on NABARD. 3 18 Enumerate the key areas for a sound financial plan to work. OR Explain any four choices available to a businessman to start a business. 4 19 Discuss the various factors that help in employee management. 4 20 Explain the two dominant forms of budgeting process. 4 21 What is break even point? The following information is obtained from Champ & Co. for 2010. Sales = `40,000 Variable Cost = `2,000 Fixed Cost = `12,000. Find out Break Even Point. 4 22 What do you understand by trend spotting?Discuss the ways by which entrepreneurs can spot trends. 6 23 ”Negotiation is a process where two or more parties with different needs and goals discuss an issue to find a mutually acceptable solution.” In light of this statement discuss the various categories of negotiations. OR Explain any six commonly used media options. 6 24 Explain the requirements of value chain management. 6 ***************************************** 2