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SECTION A (Objective Type Questions)
A. Choose the correct option.
1. Which of the following is an example of self-employment?
a Cooking in a hotel b. Selling an item in your own shop
c. Teaching in a school d. Working in a factory
2. Which of the following is a myth related to entrepreneurship?
a. Need a lot of money b. Have a great idea
c. Should know everything about business d. All of these
3. Which of the following is the process of identifying opportunities in the marketplace?
a. Decisionmaker b. Management
c. Entrepreneurship d. None of these
4. What is the importance of an entrepreneur?
a. Creates jobs b. Brings economic growth
c. Brings welfare of the society d. All of these
5. Which of the following is an example of agricultural entrepreneurship?
a. Meat packing b. Dairy farming
c. Bakery shop d. All of these
B. Fill in the blanks.
1. refers to selection, recruitment, training, development and compensation of the employees in an
organization.
2. Entrepreneurs are considered as ‘Agents of .
3. is a place where the production of a product is controlled by the demand and supply of a product.
4. means implementing the idea by starting a business and entering a new market.
5. is a driving force of our modern global economy.
C. Match the following:
1. Vishwanath Bobade a. Owner of ‘Vandana’
2. Pramod Gautam b. Founder of Nykaa
3. Falguni Nayar c. Founder of Biocon Limited
4. Kiran Mazumdar Shaw d. Founder of Study Hall Education Foundation
5. Urvashi Sahni e. A farmer from Maharashtra who gave a try to multi cropping.
D. State whether these statements are true or false:
1. Entrepreneurs can create jobs in the market.
2. Social entrepreneurship deals with environmental and social issues.
3. Women initially joined the business world with innovative ideas to start small and medium scale ventures.
4. A successful entrepreneur is not a hardworking person.
5. Entrepreneurs do not take risks in terms of time and money.
104 Trackpad Information Technology-X

