myclass24
myclass24your class. your pace.
Q&A BANK

every question.
answered.

14,740 answers across CBSE, ICSE, and State boards - Class 1 to 12, every subject.

CBSEICSEState
SUBJECT
CLASS

Latest answers

14,740 TOTAL
GeneralClass 11CBSE

‘An entrepreneur should have a good knowledge of English’. Comment.

It is a myth. It is not necessary that an entrepreneur should have good knowledge of English. If a person has reasonable skills to converse in his mother tongue, has a vision and confidence to convert his vision into reality, he can become an entrepreneur.

GeneralClass 11CBSE

What is corporate entrepreneurship?

Corporate entrepreneurship refers to innovations of corporate ventures. Here managers of leading companies are encouraged for displaying entrepreneurial skills. Managers are motivated to innovate new products or develop new methodologies for satisfying customers or for boosting up sales. Managers are not held responsible for any risk or loss.

GeneralClass 11CBSE

Why can’t a tuition centre be called an entrepreneurial venture?

People may start tuition centres to earn livelihood or to supplement their income. The owners of tuition centres cannot be called entrepreneurs as by investing a small amount into it they are not converting any threat into challenge. At the same time they are also not generating any innovative ideas or developing any new product.

GeneralClass 11CBSE

“An entrepreneur is achievement oriented” Explain.

An entrepreneur is achievement oriented as he works in a focused manner to achieve his targets. He obtains job satisfaction through pursuit of his actions. He maintains and develops certain standards and benchmarks of excellence. His determination is fueled by a burning desire to achieve his goals. He achieves success through non-routine methods.

GeneralClass 11CBSE

Mention any 3 characteristics of entrepreneurs?

Following are the characteristics of an entrepreneur: An entrepreneur incubates new ideas – An entrepreneur is keen to generate new vision, new products, new services and new methods and put his ideas into actions. (ii) An entrepreneur identifies opportunities – Challenging opportunities entice an entrepreneur. He overcomes hindrances through alternative methods and strategies. (iii) An entrepreneur has a high initiative – He analyses various routine problems

GeneralClass 11CBSE

How does quality of persistence helps an entrepreneur?

Despite all odds, an entrepreneur persistently works towards achievement of his goals. This quality of persistence does not deter him to achieve success and provide courage to overcome failures.

GeneralClass 11CBSE

What do you understand with the statement that ‘An entrepreneur loves independence.’?

It means an entrepreneur loves to take his own decisions and do not like any intervention from others. He wants to be the master of his own.

GeneralClass 11CBSE

In your opinion, does an entrepreneur needs to be honest?

For ensuring sustainable growth, an entrepreneur needs to be honest. By telling truth and showing a true image of business, he can earn trust of stakeholders which would ensure good returns in the long run.

GeneralClass 11CBSE

‘A successful entrepreneur is willing to test his skill against other competitors.’ Name the quality which identifies this spirit in an entrepreneur.

Competitiveness

GeneralClass 11CBSE

Mention any two tasks carried out by entrepreneurs?

Two tasks are: Innovation & scanning opportunity.

GeneralClass 11CBSE

What is the aim behind carrying out a small business?

Earning livelihood

GeneralClass 11CBSE

What is the alternate word for intrapreneurship?

Corporate Entrepreneurship 1Mark

GeneralClass 11CBSE

“To optimize time, money & resources, an entrepreneur finds new ways.” How will you name this characteristic?

High initiative

GeneralClass 11CBSE

Name any two types of corporate entrepreneurship?

Incubative and Imitative entrepreneurship

GeneralClass 11CBSE

When direct interventions are required for entrepreneurial development?

Direct interventions are required when entrepreneurship is at the initial stage of development. Besides it, there is a thrust on employment generation and poverty reduction.

GeneralClass 11CBSE

State any six main features of entrepreneurship.

The entrepreneurship involves: Sensing opportunities. Innovating products or services. Taking the risk. Perceiving and mobilising resources. Planning and organising production. Marketing the products or services.

GeneralClass 11CBSE

Name any six support services of entrepreneurship development cycle.

The support services are: Obtaining fund Getting land/shed, utilities Acquiring machine and equipments Facilities procuring raw materials Marketing linkages Technology flow and adoption.

GeneralClass 11CBSE

Name the stimulatory activities of entrepreneurship development cycle.

The stimulatory activities are: Training and education in entrepreneurship. Publicizing entrepreneurial opportunities. Making available techno-economic information. Offering incentives and recognition. Creation of forum for entrepreneurs. Easy availability of information.

GeneralClass 11CBSE

Explain the process of development of entrepreneurship.

The entrepreneurship development process involves the development in the following areas: Development of entrepreneurial quality and motivation: A conscious effort is required to develop a minimum degree of entrepreneurial quality and motivation to ensure arousal of a strong desire and drive to perform entrepreneurial functions. Building capacity of sensing and launching venture: To launch the enterprise, the prospective entrepreneurs have to scan the environment, sense

GeneralClass 11CBSE

Explain any two factors that contribute to creation of an environment conducive to entrepreneurship development.

The two factors that contribute to the creation of an environment conducive to entrepreneurship development are: Globalisation: Globalisation means interconnecting different countries of the world. It has caused shrinking of time, space and disappearance of borders. It offers growing global markets for both goods and services. Technology breakthrough: Increasing use of technology creates unlimited entrepreneurial opportunities to meet the global demand of goods and servi

STILL STUCK?

Get a tutor for just your question.

One-on-one help, verified tutors. Matched within 24 hours.

Get Started →