Chapter 1 Notebook Work
Chapter 1 Notebook Work
Entrepreneurship
Entrepreneur
Innovation
Entrepreneurial functions
Managerial functions
Promotional functions
Commercial function
Empirical Investigation
3 Differentiated tasks.
G1:
1. Why Entrepreneurs are called „agents of progress‟ for a nation? What role do they play in the
Nation’s development? [U.A.E. Connect- stick photos]
2. What is the need for entrepreneurship in an economy? Give at least six benefits. Give
examples and stick photos of U.A.E Entrepreneurs.
G2:
1. Mehak wants to start a textile unit near Gurgaon. Discuss the commercial functions which
she will require to plan and perform for the same.
2. Starting a venture is not an easy task. A series of activities needs to be planned and
undertaken to create an enterprise. Discuss them briefly.
[Draw an artistic flowchart/ mind map for both the above questions]
G3:
1. Differentiate between Entrepreneurial functions and Managerial functions of an
entrepreneur?
2. List any 1 person and cover their story from whom you buy any product or service, for
example, newspaper vendor, milk vendor, a grocer etc. Who do you think is an entrepreneur,
and why? [stick photograph of that person]
6. RESEARCH:
"How has the Indian entrepreneurial ecosystem evolved in the last decade, and what
factors contribute to the success or failure of startups in India today?"
Mention All the Sources Used: [Internet links/ Books/ websites/ journals/
articles] etc. with page no.
1.
2.
3.
4.
Expressed my
viewpoints citing the
examples from
primary/secondary
sources
Karan, a rural boy, identifies the potential of Organic Farming in the village. He meets
the zonal agricultural officer, who, looking at the determination of this 20 years old,
helps him arrange and procure multiple resources required for his farmland. Then Karan
takes a loan of Rs. 50,000/- from SBI as his seed money of Rs. 10,000/- is not enough to
cater the requirement. Karan ties up with a nearby city’s vegetable shop owner to sell his
yield. His hard work pays, and the organic vegetables are a hit. This organic vegetable
producer exhibits to be a good entrepreneur with good entrepreneurial skills. Do you
agree? Justify giving reasons for your answers.
HOTS: [High Order Thinking Skills]
Group 1: [At top of the page below HOTS mention INNOVATION]
“Innovation is the hallmark of Entrepreneurship”. Why is “innovation” referred as the basic
function of an entrepreneur?
“Cherry shoe polish originally started with a wax tin, then they came up with an idea of liquid
shoe polish, and then a shoe shiner with sponge and finally a shoe shiner with a brush‖. List 5
such similar examples which have marked their place for innovation.
G2: [At top of the page below HOTS mention SUSTAINABILITY]
“Entrepreneurs, in their drive and pursuit to create something new, at times, results in causing
major loss to the Nation’s natural resources. Shouldn’t they be discouraged? Justify giving
reasons for your answers.
8. WORKSHEET
(Will be provided in class)
8. Rubric [Handmade]
Learning Outcomes Exceeding Expecting Emerging
(I can do it [I can do it ( I can’t do it)
independently) with help]
I can explain the concept of
Entrepreneurship
STUDENT’S REMARK
The most important/
challenging/ interesting
concept I studied was …….
Because…….
(State with reason)
Teacher’s Feedback: