Page 110 - Design Thinking C11

II. Fill in the blanks
1. A is a business that is in its early stages of development.

2. Entrepreneurs undertake a to determine the commercial viability of a new product or service.
3. A is someone who works for a person or organisation.
4. A/An consistently sets high standards and seeks to achieve excellence by working hard and
being innovative.
5. A person who starts at the age of 50 without any entrepreneurship history is a entrepreneur.

III. State True or False.

1. An entrepreneur can never have the ability to overcome any obstacle.
2. Self-motivated people always have high spirits and are full of positivity.
3. An entrepreneur must plan and work carefully to achieve long-term objectives.
4. Entrepreneurs have difficulty putting their ideas into action.

5. The Government of India's flagship initiative, ‘Startup India,’ aims to create an ecosystem for
the growth of startup businesses.

IV. Short answer type questions.
1. List few environmental barriers to becoming an entrepreneur.
2. What are the benefits of entrepreneurship?
3. Why should an entrepreneur display ‘Perseverance’?

4. Who is an entrepreneur?
5. What is meant by a ‘business idea’?
6. Mention any two qualities of a successful entrepreneur. [CBSE Sample Paper, 2022]

7. What motivates an entrepreneur? [CBSE Sample Paper, 2022]
V. Long answer type questions.

1. What are the essential functions that an entrepreneur must accomplish? Explain any four.
2. What are some methods for prospective entrepreneurs to identify new business opportunities and assess their
potentials and hazards?
3. Differentiate between Entrepreneurs of the first generation and entrepreneurs from a family business.

4. What are the few qualities that motivate an entrepreneur?
5. Explain why the following qualities are necessary for an entrepreneur:
(a) Willingness to take risks.
(b) Ability to make decisions.
21 st #Productivity & Accountability
VI. Competency-based question. Century #Initiative
Skills
Shruti runs an online business of selling ladies purses and bags. Initially, she faced a lot of challenges. She had few
resources – only one machine to stitch the bags. Her packaging would also get damaged during transportation
due to which she suffered losses. However, Shruti did not give up. She paid extra attention to packaging so that
it would not get damaged during delivery. She also started selling various types of bags – handbags, potli bags,
sling bags etc. Slowly she turned her company to a big successful venture. List how Shruti built her perseverance.

Design Thinking and Innovation XII
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