5/9
Q.23. Nakul was a very industrial sales executive
with a small herbal cosmetic manufacturer. He
earned a good salary and commission on the
business he brought for the company and had very
good command over the Chennai market for which
he had virtually become indispensable. He was
aware of the enviable position he held in the
company and thought aloud:
"The key success in any business is the sale of its
product. The beginning and the end of a business
cycle is nothing but sales and other people
working in the factory to manufacture products are
mere cogs in the business machine set in motion
by sales people. So why carry this burden and get
only a tiny share of the prosperity of the form?
Instead others enjoy the fruits of my labour, why
Answers
Answer:
5/9
Q.23. Nakul was a very industrial sales executive
with a small herbal cosmetic manufacturer. He
earned a good salary and commission on the
business he brought for the company and had very
good command over the Chennai market for which
he had virtually become indispensable. He was
aware of the enviable position he held in the
company and thought aloud:
"The key success in any business is the sale of its
product. The beginning and the end of a business
cycle is nothing but sales and other people
working in the factory to manufacture products are
mere cogs in the business machine set in motion
by sales people. So why carry this burden and get
only a tiny share of the prosperity of the form?
Instead others enjoy the fruits of my labour, why
Explanation:
a)Should nakul take a leave?Give reason in support of your answer
a)Should nakul take a leave?Give reason in support of your answerAns-Yes,Nakul should take a leave.
Reason- As an entrepreneur, Nakul will become a job provider rather than a job seeker,besides enjoying a host of other financial and psychological rewards.It presents the possibility of better income and success.
b)State any four functions Nakul will perform as an entrepreneur in relation to economic development.
Ans-
i)Growth and development of country(increase GDP,productivity,employment opportunities)
ii)Increase profits(by minimizing cost of production,increasing efficiency and optimal use of resources)
iii)Employment opportunities
iv)Lifeline of a nation(yardstick to measure country's development)
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