NextQ200

Deepika wanted to pitch in to reduce the financial crisis prevailing in her house and thought of working as a cook. She started working in three different households, one Punjabi, one Gujarati and one South Indian family. She soon realized that all the three households had different cuisine. It was indeed a challenge for her to learn the techniques of the cuisine. All the families greatly appreciated the timeframe within which she had mastered the local cuisine. After working for them for a year, she decides to open a small eating joint of her own along with two of her friends by the name Apna Bhoj. They decided to share profits equally and that each of them will be liable for acts performed by the other two. Soon the eatery became a hot spot because of the fusion platter which was being offered. (a) Identify the kind of business organisation which was set up by Deepika and her friends. (b) Quoting the lines from the paragraph, state the features of this form of business organization.

Introduction to Business PlanStudy Simplify Special3LQCase_Based
Question 199

Vikram, a new generation high tech farmer is involved in organic farming. He realized that there was a huge market for his fruits and vegetables as people have become diet conscious and prefer to eat healthy food. Keeping this in mind, he decided to open Salad bars and organic fruit juice corners in prominent malls in Delhi. Now he needed a road map for himself to start the venture. (a) Identify the term used for road map by Vikram. (b) Why this road map is required?

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