| 10. What is Entrepreneurship? |
It is the process of developing and managing a new business venture to achieve profit and growth, often by identifying opportunities and taking calculated risks. It involves resourcefulness, innovation, and the ability to adapt to changing circumstances. |
| 11. Any one function of Entrepreneur. |
Innovation is among one of the key fucntions of entrepreneur. This involves identifying new ideas, products, services, or processes, and bringing them to live to meet market needs or solve problems. |
| 12. Who is retailer? |
A retailer is an individual or a business that sells goods or services directly to the customers for personal use. Operating as the final link in the supply chain, retailers purchased products in bulk from the wholesellers or manufacturers and sell them to the public in smaller quantities, either through ophysical stores, or online shops, or both. |
| 13. Define National Highway |
A national highway is a major road syatem designated and maintained by a country's central government, designed to facilitate effecien transportation of goods, services, and people across regions. |
| 14. What is Re-isurance? |
Re-insurance is a financial arrangement where an insurance company transfers a portion of its risks to another insurance company called insurer. This helps the primary insurance company manage the large risks, stabalize finances, and increase its capacity to underwrite more policies. |
| 15. What is money Market? |
It is the segment of financial market where short-term funds are lent and borowwed, typically for durations ranging from overnight to one year. It facilitates liquidity management of governments, banks, businesses, and investors through instruments like treasury bills, commercial paper, certificates of deposits, and repurchase agreements. |
| 16. SENSEX |
The SENSEX is the short for Sensitive Index. It is the benchmark stock market index of the Bombay Stock Exchange (BSE) India. Introduced on January 1, 1986, it tracks the performance of the 30 largest, most liquid, and financially sound companies listed on the BSE across various sectors. |
| 17. Consumer |
A consumer is an individual or entity that purchases and uses goods or services to satisfy personal needs or wants. In economics and marketing, consumers are the end users of the products, driving demand in the market place. |
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