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4.  ……….……................ means implementing the idea by starting a business and entering a new market.
                 5.  ……….……................ is a driving force of our modern global economy.

                                                SECTION B (Subjective Type Questions)

              A.  Short answer type questions.
                 1.  What do you understand by the term Perseverant?
                 2.  Who can become an entrepreneur?
                 3.  List any three positive impacts of entrepreneurship on society.
                 4.  List any three important myths of an entrepreneurship.
                 5.  What is the difference between a misconception and reality? Give an example.       [CBSE Handbook]

              B.  Competency-based/Application-based questions.                        21 st  Century   #Communication
                                                                                           Skills  #Leadership & Responsibility
                 1.  Imagine yourself having entrepreneur skills and you wish to start your own business one day. Write down all possible
                    qualities you should have, to be a successful entrepreneur. Also make an action plan to start your own venture. Think
                    of a suitable name, design a logo and a slogan for your company you are planning to launch very soon.
                 2.  Collect one success story of a well-established entrepreneur you have known till date. Try to get some pictures and
                    make a project on it by collecting some facts and figures.
                 3.  Your cousin is planning to be an entrepreneur but he is in a dilemma whether to take risk or not. How can you help him
                    convince to go ahead in living his dream of a successful entrepreneur?
                 4.  Vedika is interested in having her own start-up but she has no funds. She is totally confused between taking up a fixed
                    salary job or live her dreams of starting her own company. She is your good friend how will you help her in taking a fair
                    decision?

                                                                                21 st  Century   #Leadership & Responsibility
                                                                                   Skills  #Critical Thinking
                            Lab Activity


                        1.  It is a myth that a lot of money is required to start any venture or entrepreneurial project. Let us do an
                          exercise to break this myth. Imagine you have Rs. 500 and your goal is to make as much profit as possible
                          from it. You can double it to earn Rs. 1000. You can earn more than 1000 or you can even earn in lakhs.
                          How would you do it? Write your ideas using Word.                               [NCERT]
                        2. Career as an entrepreneur:                                             [CBSE Handbook]
                          • Write a note on entrepreneurship as career option.
                          • Enlist your strengths and weaknesses and compare them with entrepreneurial qualities.

                          •  Write about the qualities you have or you want to develop to become a successful entrepreneur. Focus
                            on ways to develop these qualities in your daily lives.
                          Make a Word file mentioning all the above details.




              Answers


              Exercise (Section A)
              A.  1. a  2. a  3. c  4. c  5. a
              B.   1.  Entrepreneurship          2.  creative         3.  wage-employed        4.   time, money
                  5.  economic

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