Aneesh, a young entrepreneur, wishes to …

Aneesh, a young entrepreneur, wishes to take his family business of designer fabrics to greater heights with the knowledge he has acquired at National Institute of Fabric Development'. His father gave him 25 lakh as a seed capital to start his own new product line under the family business. Aneesh is venturing into leather and faux leather for which he needs to plan his business before he goes ahead with the execution. He knows that transformation of raw material into finished products takes place with the help of energy, capital, manpower and machinery. Further, he realised that manufacturing operations are highly complex and tedious, hence need to well planned. (a) Identify the component of business plan Aneesh is discussing about. Also state its objective. (b) Explain the three different options available before the venture.

The basic test of a successful entrepreneur is: A) Identification of business opportunities B) Identification of a problem C) Identification of target market D) Identification of ways to earn profit

What is a startup? What makes it a significant element in business ecosystem? Provide this in detail ans easy points for 10 marks

Aneesh, a young entrepreneur, wishes to take his family business of designer fabrics to greater heights with the knowledge he has acquired at National Institute of Fabric Development'. His father gave him 25 lakh as a seed capital to start his own new product line under the family business. Aneesh is venturing into leather and faux leather for which he needs to plan his business before he goes ahead with the execution. He knows that transformation of raw material into finished products takes place with the help of energy, capital, manpower and machinery. Further, he realised that manufacturing operations are highly complex and tedious, hence need to well planned. (a) Identify the component of business plan Aneesh is discussing about. Also state its objective. (b) Explain the three different options available before the venture.

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34. A factory is engaged in manufacturing washing machines. The following information is available to you Sales = 4,00,000 Direct labour cost (2,000 units) = 40,000 Direct material cost (2,000 units) =₹ 1,00,000 Direct expenses (2,000 units) = 20,000 Fixed cost = 1,20,000 Find out (a) Variable cost per unit (b) Total cost (c) Quantity to be sold at break-even point