List of top Entrepreneurship Questions on Business Strategy asked in CBSE CLASS XII

What is meant by ‘franchising’? Explain the main components of a franchise agreement.
‘Bharat Ltd.’ is a manufacturer of electronic items. In 2022 – 23, the company decided to enter into manufacturing Artificial Intelligence-based computers. Being highly complex and tedious, the manufacturing process of these computers needed to be thoroughly planned. (a) Identify the component of business plan discussed in the above paragraph. (b) State the objective of the component identified in (a) above. (c) List five points that are needed to be described in this component of business plan, if the manufacturing is to be carried out in whole by ‘Bharat Ltd.’.
Explain ‘A pitch deck with oral narrative’ as a format of a business plan.
This is the title or cover page that provides a brief summary of a business plan’s contents:
Match the given components of a Business Plan in Column I and their meaning in Column II. Choose the correct option from the options given below:
S. No.Column I (Business Plan)Column II (Meaning)
(1)Production PlanTransformation of raw material into finished product using energy, capital, manpower and machinery.
(2)Operational PlanOrganising the movement of material, performance of machines and labour operations.
(3)Organizational PlanDescribes the proposed venture’s form of ownership.
(4)Marketing PlanProvides guidelines regarding marketing objectives, strategies and activities.