Page 93 - Webapplication11_C11_Flipbook
P. 93

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.
                 B.  Long answer type questions.
                     1.  Explain the four types of customer needs.
                     2.  What are some of the ways most entrepreneurs use to solve problems?

                     3.  Differentiate between trading business and manufacturing business.
                     4.  What values does the entrepreneur have?                                                  [NCERT]
                        i.   Rohit runs a special hair salon in Bidar. Young boys come to him and ask him to give a Justin Beiber haircut. Rohit
                           doesn’t know about this haircut so he searches on the Internet and finds the pictures.
                           What value does Rohit have? ................................
                        ii.   Shalu makes special Indian snacks and goes door-to-door in her town to sell it to different people. Only 1 in 10
                           people to whom she goes, buys her products.
                           What value does Shalu have? ................................
                     5.  What values does a successful entrepreneur have? Write any three values, with examples.    [NCERT]


                 C.   Competency-based/Application-based question.                   #Problem Solving & Logical Reasoning
                    Suppose you want to start a venture by creating an AI model that will predict crop yield based on the amount of fertilizers
                    used. List 2 challenges that you are likely to face.




                    LAB ACTIVITY                                                          #Communication


                        Conduct a research on any 2 Indian entrepreneurs who are well known and even have been enlisted as richest
                       entrepreneurs in the Forbes magazine. Present their success story in your class thereafter.

                        Suppose you want to become an Entrepreneur in the future. Discuss with your classmates what business ideas would
                       you take up and what challenges you might face and how you would cope with those.


































                                                                                            Entrepreneurial Skills-III  91
   88   89   90   91   92   93   94   95   96   97   98