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2.  What type of a business is a restaurant that offers services in the form of a dining experience and food served as the product?
                    a. Hybrid                                          b. Manufacturing
                    c. Service                                         d. Both b. and c.

                  3.  A Toy Shop is a type of ……….……................ business.
                    a. Merchandise                                     b. Manufacturing

                    c. Service                                         d. Hybrid
                  4.  An entrepreneur stays focused on to the solutions rather than problems even when he/she takes a big risk. What
                    quality is highlighted here?
                    a. Patience                                        b. Positivity
                    c. Confidence                                      d. Hardworking

              B.  Fill in the blanks.
                  1.  Entrepreneur follows ……….……................ procedures.

                  2.  Selling an ice cream is a ……….……................ business.
                  3.  ……….……................ Solutions provides eco-friendly cleaning services to residential and commercial clients.
                  4.   The ……….……................ and ……….……................ of a service can be different at different times.

                  5.  ……….……................ is the process of enhancing knowledge and improving skills of an entrepreneur through structured
                    training and classroom programs.

              C.  One word answers.
                  1.  Name the business in which production of goods is done.                            ……….……................
                  2.  Pizza food chain is which category of business?                                    ……….……................
                  3.  Name the person who does something innovative in a business.                       ……….……................
                  4.   Name the person who starts a business.                                            ……….……................

              D.  State whether these statements are true or false:
                  1.  Business is an economic activity.                                                         ……………
                  2.  Manufacturing is a consulting business.                                                   ……………
                  3.  Sales people are unskilled labourers.                                                     ……………
                  4.  Main objective of a business is to survive and earn profits.                              ……………
                  5.  Entrepreneurs improve the standard of living.                                             ……………
                  6.  An entrepreneur should have strong leadership qualities.                                  ……………
                  7.  There are no fixed hours of working for an entrepreneur.                                  ……………
                  8.  Entrepreneurs are in the control of market forces and cannot decide what kind of work they
                    should do?                                                                                  ……………
                  9.  Entrepreneurs decide incentives of the employee.                                          ……………
                 10.  The economy suffers due to entrepreneurs as they are inclined towards profits only.       ……………


                                                SECTION B (Subjective Type Questions)
              A.  Short answer type questions:
                  1.  Who is a businessman? Give a few examples.
                  2.  What do you mean by “Feedback in the Long Run”?
                  3.  Why is patience crucial for an entrepreneur?
                  4.  List any three qualities of an entrepreneur.
                  5.  What do you understand by the term wage employment?



                    82      Artificial Intelligence Play (Ver 1.0)-IX
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