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7. What is the market status of an entrepreneur?
8. Susan is an MBA graduate in Sales and Marketing and now wants to start her own business. Her father is a cab driver and
she neither has money to invest in her business nor wants to take any loan. She wants to go into a service business. Can
you suggest some service businesses where with less investment she can start her own business?
9. What are the key differences between product and service-based businesses? [NCERT]
10. What is the definition of organisation in the context of entrepreneurship?
B. Long answer type questions.
1. Your cousin is planning to be an entrepreneur but he is in a dilemma whether to take risk or not. How can you help him
convince to go ahead in living his dream of a successful entrepreneur?
2. What is the meaning of manufacturing and trading based business? [NCERT]
3. Write the steps of starting a business.
4. Explain in detail the process of entrepreneurship development.
5. What is entrepreneurship?
6. Explain any four qualities of an entrepreneur.
7. Differentiate between an entrepreneur and a businessman.
8. What is the role of entrepreneur in social development?
21 st
C. Competency-based/Application-based questions. Century #Leadership and Responsibility
Skills
1. State whether the person engaged in the activity mentioned below is an Entrepreneur or an Employee. [NCERT]
a. Rahul starts a shop to sell Chaat and special Paani Puri. He is an .
b. Shahid becomes the manager of a dealership selling food products. He is an
c. Ritu leaves the company she worked for and starts catering food for marriage programmes. She is an .
2. State the type of business–product, service or hybrid. [NCERT]
a. Arun bakery, which makes and sells bread to people.
b. Ram's repair shop, which repairs motorcycle.
c. Hari's hair-salon, where he cuts hair for women and men.
21 st
GROUP DISCUSSION Century #Collaboration
Skills
Divide the class in two halves, ask one of them to speak in favour of StartUps and other one in favour of Jobs.
See what kind of responses you get from both ends. Do participants want to change their side during the debate.
21 st
Century #Media Literacy
Skills
Video based question
Scan the
Watch the video and answer the question. QR Code
https://www.youtube.com/watch?v=e1rEHiuDtuc
Write any two important advice you like the most.
Entrepreneurial Skills-I 139

