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Entro MT

Uploaded by

Rohan
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ENTREPRENEURSHIP

CLASS 11 MT (19 July, 2021)

Max marks: 35

Time allowed: 1 hr

Q1. Complete the diagram

Entrepreneurship

Person (subject) outcome (Object)

Q2. _____________ is an important function where the activities of various individuals in the
organization are channelized for the achievement of the common goals.
(a) Controlling (b) Motivation (c) coordination (d) Planning
Q3. Identify the function of an entrepreneur referred in the given statement:
“It is defined as a systematic recording of enterprise transactions and its financial position”.
Q4. An entrepreneur is burdened with taking of all decisions himself as there is no one ranked
higher and a fear of wrong decision can directly impact the fortunes of his enterprise. This is one
of the myth of entrepreneurship. ( TRUE/FALSE)
Q5. Name the person who introduced first motivational theory?
Q6. “Hero Motocorp manufactures two wheelers and provides services.”
This is an example of which type of entrepreneur?
Q7. _________ are highly ambitious and normally not satisfied by slow progress in their jobs.
(1x7)
Q8. How is the viewpoint of Adam Smith different from that of Peter Drucker w.r.t concept of
entrepreneurship? (2)
Q9. Name any two idea-centric and need-based companies mushrooming all over the countries.
as per the classification given by Danhof Justify (2)
Q10. Karsan Bhai Patel, the creator of Nirma Washing Powder, who was working as a factory
chemist in Gujarat Mineral Development Corporation, started making detergent powder in his
kitchen for poor rural women of Gujarat and selling his product by visiting different villages. His
efforts culminated in the whitish yellow detergent powder named Nirma. The idea behind was
need and the problem of the society that could not afford other brands of detergent powders
because of their high cost. Today, Nirma is one of the world’s biggest detergent powder
manufacturer. The brand sells over 8 lakh tonnes annually. It holds 40% of the Indian market,
with a turnover of more than Rs. 2500/- crores. This is creative effort and risk taking ability of a
person who turned out to be an entrepreneur. The strength of being capable is the plus point in an
entrepreneur.
(i) Which Promotional function is being depicted in the above case study?
(ii) Explain two other functions of similar type. (3)
Q11. Briefly explain the following statement
(i) “Attitude is not by birth, it is acquired”. Explain.
(ii) “Innovation and creativity both are interrelated.” Explain. (3)

Q12. Shivi, a dropout from 10th standard is forced by her mother to start working as help. Shivi
agrees on the condition to do only “cooking” in 2-3 houses. One family turns out to be Punjabi,
other Gujarati and the third one is Rajasthani. She cooked their kinds of food for an year and to
everyone’s surprise, she expressed her desire to open up a small eating joint of her own. All
alone, determined, she finally opens “Apna Bhoj”, a small eating joint with her savings and it
became a hot spot because of the fusion food platter being offered. Do you think Shivi is an
entrepreneur? Give reasons for your answers. (4)

Q13.

Identify and explain the type of entrepreneur (as per the classification given by Danhof) shown
in the picture above. (4)

Q14. Starting a venture is not an easy task. A series of activities needs to be planned and
undertaken to create an enterprise. Enlist them and discuss first three . (2+3)

Q15. From the given source answer the following questions:


SOURCE: Top 10 Young Entrepreneurs In India 2018 Till Date | Young Indian Entrepreneurs Of
2018 MY STORY…By Riya Nair October 17, 2018

15-year-old Indian tech prodigy, who started using computers at age six, launched his first
website at age nine, and has been working with Google’s AI and Cloud Platform for a couple
of years now. Advait Thakur is an Indian computer programmer and Teenage Internet
entrepreneur. He is the founder of Apex Infosys India , and is currently its chief executive
officer. He is Google, Bing and Hub spot Certified Professional. Ranked 4th in Wiki’s Young
Entrepreneurs Under 20 list of 2017, Advait is in a different league from the average pre-teen.
In 2015, at age twelve, he founded a tech company 'Apex Infosys India' which is now an
Accredited Domain Name Registrar and an organisation that provides Digital Solutions. Apex
Infosys India is also involved primarily in Artificial Intelligence, Machine Learning & IOT
Sector.
In 2017, at age fourteen, he built “Technology Quiz,” an app to help kids learn about Science
& Technology which Actions on Google accepted after rejecting it five times. An incredible
achievement for a child who loves to code but is largely self-taught. A programmer since he
was eleven, Advait is one of the youngest entrepreneurs and web developers in the world.

(I) Which entrepreneurial competency is highlighted in the above case study?


(II) In context of the above case explain any other four entrepreneurial competencies. (5)

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