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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