Page 92 - Design Thinking C11

I. Multiple Choice Questions.

1. Business owners need to all possible businesses to find out what is available
in the market. Unsolved Questions

(a) check (b) examine (c) survey (d) review
2. is a thought process through which an entrepreneur can come up with multiple solutions to
improve his business.
(a) Problem-solving (b) Challenge facing (c) Creativity (d) Attitude
3. Business owners can improve their business by improving the of the products or services
offered to their customers.
(a) quantity (b) quality (c) service (d) All of these

4. is fundamental to business growth. It helps to create a vision for a well-established business.
(a) Quality (b) Quantity (c) Service (d) Planning
5. Before starting a business, another important step is understanding in the market for the
same products or services they offer.
(a) survey (b) needs (c) creativity (d) competitors

II. Fill in the blanks.

1. do not even require a shop to sell the product.
2. Once you know the products and sales destinations, the next steps are to estimate the it will take
to start a business.
3. means finding different and creative ways to overcome difficulties and always thinking about
achieving the goal no matter what happens along the way.

4. Open-mindedness means being open to trying new things and being open to take from others.
5. means growing your business by attracting more customers.

III. State True or False.
1. An entrepreneur is a person who tries to satisfy his own needs through unique ideas.

2. Entrepreneurs always focus solely on market demand and needs.
3. Confidence encourages entrepreneurs to continue even if they fail.

4. Entrepreneurs should ensure that the needs of customers are met by the products or services offered by them.
5. Creativity means being artistic or being good at drawing.

IV. Short answer type questions.
1. What problems are faced by an entrepreneur while starting a business?

2. Write a short note on Entrepreneurship.
3. Is it possible to understand the competitors in the market?

4. What are the principles to be considered while improving and growing business to add value to it so as to
attract customers?
5. Explain how estimating the amount of material required is important for business planning.

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