Page 92 - IT 402 v2.0 class 10
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.   y establishing the business entity  entrepreneurs invest their own resources and attract ............................... from
              investors and public.

             .  ................................ can  be described  as a combination of people living together  who  play an important  role in
              accomplishing the needs of each other.
            5.  ................................ combines various factors in a creative way in order to generate products as per the needs of
              customers.


                                                        Section B
                                               (Subjective Type Questions)
        A.  Answer the following questions:
             .   ist the ways in which an entrepreneur affects a society.

             .   hat do you think is the most important function of an entrepreneur   rite your answer giving suitable examples.
             .   hat is the difference between a misconception and reality   ive an example.

             .   ist three important roles played by the society to boost up entrepreneurship.
            5.   ive a few disadvantages of entrepreneurship as a career.

             .   hy is an entrepreneur important for the development of the country
             .   ive a few examples of work from home business.

             .   xplain any two Myths about  ntrepreneurship.                               S  Sample  aper
             .   rite any four roles of  ntrepreneurs.                                      S  Sample  aper
                                                                                               L if e   S k il l s   &   V al ue s
        B.  Application based questions:
             .   our cousin is planning to be an entrepreneur but he is in a dilemma whether to take risk or not.  ow can you help
              him convince to go ahead in living his dream of a successful entrepreneur
             .   edika is interested in having her own start-up but she has no funds. She is totally confused between taking up a
              fixed salary  ob or live her dreams of starting her own company. She is your good friend how will you help her in
              taking a fair decision



        Previous Years’ Questions


            .  State whether the following statement is a myth or reality:
                 ntrepreneurs are born a certain way.

          ns.  Myth
             .   hich one of the following is not true for entrepreneurs
              a    hey create needs and demands.

              b    hey provide raw materials.
              c     hey do not create  obs.

              d    hey help society by supporting infrastructure development.
          ns.   c






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