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Entrepreneurship · 2023 · 1 mark
CBSE 2023 · Central · Set 4 · Q3
Ramandeep is a technical entrepreneur who started developing interactive websites of businesses. Due to lot of competition in this field he is…
Ramandeep is a technical entrepreneur who started developing interactive websites of businesses. Due to lot of competition in this field he is experiencing a decline in the demand. He wishes to understand his revenue position as compared to his investment. Which one of the following combinations would help him in assessing the profitability of his business?
(i)
Economic Order Quantity
(ii)
Return on Investment
(iii)
Return on Equity
(iv)
Break-even analysis
Official answer
(C)
(ii) and (iii)
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CBSE Class 12 Entrepreneurship past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.