Maharashtra State BoardHSC Commerce 12th Board Exam
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Balbharati solutions for Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board chapter 3 - Entrepreneurship Development [Latest edition]

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Chapters

Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board - Shaalaa.com

Chapter 3: Entrepreneurship Development

Exercise Q.1Exercise Q.2Exercise Q.3Exercise Q.4Exercise Q.5Exercise Q.6Exercise Q.7
Exercise Q.1 [Pages 49 - 51]

Balbharati solutions for Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board Chapter 3 Entrepreneurship Development Exercise Q.1 [Pages 49 - 51]

Exercise Q.1 | Q 1.1 | Page 49

Select the proper option given from the options given below and rewrite the completed sentence :

The word 'entrepreneur' is derived from the ________ word 'entreprendre'

  • Japanese

  • English

  • French

Exercise Q.1 | Q 1.2 | Page 49

'Entreprendre' means to _________

  • Undertake

  • Enterprise

  • Businessman

Exercise Q.1 | Q 1.3 | Page 49

Start Up India is an initiative of the _______________.

  • RBI

  • Government of India

  • World Bank

Exercise Q.1 | Q 1.4 | Page 49

___________ is the idea of bringing urban residents to rural areas, by empowering to local communities, both socially and economically.

  • Agro tourism

  • Medical tourism

  • Entertainment

Exercise Q.1 | Q 2 | Page 50

Match the pair:

Group 'A' Group 'B'
A. Gap filling function 1.2016
B. Entrepreneur 2. Employment
C. Agro tourism 3. Old methods of production
D. Technology 4. 2019
E. Startup India 5. Self-motivated
 

6. Rural tourism

  7. Entrepreneurship
  8. Latest knowledge
  9. Necessity Based
  10. Medical tourism
Exercise Q.1 | Q 3.1 | Page 50

Write a word or phrase or a term which can substitute the following:
An undertaking or adventure involving uncertainty and risk and requiring innovation.

Exercise Q.1 | Q 3.2 | Page 50

Write a word or phrase or a term which can substitute the following:

A function of creating something new for economic activity.

Exercise Q.1 | Q 3.3 | Page 50

Write a word or phrase or a term which can substitute the following:
A person who is an innovator who introduces new combinations of means of production.

Exercise Q.1 | Q 3.4 | Page 50

Write a word or phrase or a term which can substitute the following:
The process of enhancing entrepreneurial skills and knowledge through structured training and institution-building programs.

Exercise Q.1 | Q 3.5 | Page 50

Write a word or phrase or a term which can substitute the following:
The process that motivates a person into action and induces him to continue the course of action for the achievement of goals.

Exercise Q.1 | Q 3.6 | Page 50

Write a word or phrase or a term which can substitute the following:

An employee who has the authority and support of the organisation to implement his creative ideas.

Exercise Q.1 | Q 4.1 | Page 50

State true or false.

An entrepreneur should not be ready to work hard.

  • True

  •  False

Exercise Q.1 | Q 4.2 | Page 50

State true or false.

Agritourism can support the agricultural economy.

  • True

  • False

Exercise Q.1 | Q 4.3 | Page 50

A successful businessman takes a calculated risk.

  • True

  • False

Exercise Q.1 | Q 4.4 | Page 50

Entrepreneurship is a full-time job that requires dedication and hard work.

  • True

  • False

Exercise Q.1 | Q 4.5 | Page 50

Startup India is an initiative of the Government of France.

  • True

  • False

Exercise Q.1 | Q 5.1 | Page 50

 Find the Odd one out:

  • Communicator

  • Innovator

  • Self-starter

  • Inactive

Exercise Q.1 | Q 5.2 | Page 50

Find the Odd one out:

  • Trekking

  • Wildlife study

  • Horseback riding

  • Indoor games

Exercise Q.1 | Q 5.3 | Page 50

Find the Odd one out:

  • Innovation

  • Lack of communication

  •  Development of market

  • Determining the objectives

Exercise Q.1 | Q 6.1 | Page 50

An entrepreneur is a person who starts a ____________.

Exercise Q.1 | Q 6.2 | Page 50

'Start- up' India initiative was launched in ____________

Exercise Q.1 | Q 7 | Page 51

Select the correct option.

(Innovation, Niche Tourism, Agro tourism, Entrepreneurship)

Group A Group B
l) The idea of bringing Urban resident to agricultural farm _________________
2) Agro-tourism is a form of _________________
3) __________________ To introduce new combination of products & features
4) ___________________ A full time job which requires, dedication & Hard-work.
Exercise Q.1 | Q 8.1 | Page 51

What is Agro-tourism?

Exercise Q.1 | Q 8.2 | Page 51

Who is 'Entrepreneur'?

Exercise Q.1 | Q 8.3 | Page 51

Who described 'Entrepreneurship' as the founding of a private enterprise?

Exercise Q.1 | Q 9.1 | Page 51

Correct the underlined word & rewrite the sentence.

The word 'Entrepreneur' comes from the German verb entreprendre, it means' to undertake'.

Exercise Q.1 | Q 9.2 | Page 51

Correct the underlined word & rewrite the sentence.

Entrepreneurs try to make home a better place where the needs of consumers can be satisfied.

Exercise Q.1 | Q 9.3 | Page 51

Correct the underlined word & rewrite the sentence.

The loan taken under the stand-up India scheme is repayable in ten years.

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Exercise Q.2 [Page 51]

Balbharati solutions for Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board Chapter 3 Entrepreneurship Development Exercise Q.2 [Page 51]

Exercise Q.2 | Q 1 | Page 51

Explain the following term/concept:-

Entrepreneur

Exercise Q.2 | Q 2 | Page 51

Explain the following term/concept:-

Agro-tourism

Exercise Q.2 | Q 3 | Page 51

Explain the following term/concept:-

Start-ups

Exercise Q.2 | Q 4 | Page 51

Explain the following term/concept;-

Stand-ups

Exercise Q.2 | Q 5 | Page 51

Explain the following term/concept:-

Intrapreneur

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Exercise Q.3 [Page 51]

Balbharati solutions for Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board Chapter 3 Entrepreneurship Development Exercise Q.3 [Page 51]

Exercise Q.3 | Q 1 | Page 51

Study the following case/ situation and express your opinion.

Mr. Soham is a young MBA degree holder, Mr. Navin is a B.Com graduate. Mr. Soham is willing
to start a dairy farm at his village. Mr. Navin is willing to work as a cashier in a Private Company.

i) Find out the dream of Soham and Navin.

ii) State anyone feature of Entrepreneur.

iii) To become a successful entrepreneur, which qualities Mr. Soham should have?

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Exercise Q.4 [Page 51]

Balbharati solutions for Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board Chapter 3 Entrepreneurship Development Exercise Q.4 [Page 51]

Exercise Q.4 | Q 1.1 | Page 51

Define an entrepreneur. 

Exercise Q.4 | Q 1.2 | Page 51

Explain the characteristics of entrepreneur.

Exercise Q.4 | Q 2.1 | Page 51

Define an entrepreneur. 

Exercise Q.4 | Q 2.2 | Page 51

Explain the qualities of a successful entrepreneur.

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Exercise Q.5 [Page 51]

Balbharati solutions for Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board Chapter 3 Entrepreneurship Development Exercise Q.5 [Page 51]

Exercise Q.5 | Q 1 | Page 51

Justify the following statement.

Entrepreneurship is the best source for self- employment.

Exercise Q.5 | Q 2 | Page 51

Justify the following statement.

A successful businessman takes a calculated risk.

Exercise Q.5 | Q 3 | Page 51

Justify the following statement.

Entrepreneur must be a good communicator.

Exercise Q.5 | Q 4 | Page 51

Justify the following statement.

An entrepreneur must be an innovator.

Exercise Q.5 | Q 5 | Page 51

Justify the following statement.

With creativity, farmers can expand their Agro-tourism Business.

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Exercise Q.6 [Page 52]

Balbharati solutions for Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board Chapter 3 Entrepreneurship Development Exercise Q.6 [Page 52]

Exercise Q.6 | Q 1 | Page 52

Attempt the following

Explain the characteristics of Entrepreneurship Development?

Exercise Q.6 | Q 2 | Page 52

What is Entrepreneurship Development Program?

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Exercise Q.7 [Page 52]

Balbharati solutions for Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board Chapter 3 Entrepreneurship Development Exercise Q.7 [Page 52]

Exercise Q.7 | Q 1.1 | Page 52

Define an entrepreneur. 

Exercise Q.7 | Q 1.2 | Page 52

Explain the characteristics of entrepreneur.

Exercise Q.7 | Q 2.1 | Page 52

Define an entrepreneur. 

Exercise Q.7 | Q 2.2 | Page 52

Explain the characteristics of an entrepreneur

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Chapter 3: Entrepreneurship Development

Exercise Q.1Exercise Q.2Exercise Q.3Exercise Q.4Exercise Q.5Exercise Q.6Exercise Q.7
Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board - Shaalaa.com

Balbharati solutions for Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board chapter 3 - Entrepreneurship Development

Balbharati solutions for Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board chapter 3 (Entrepreneurship Development) include all questions with solution and detail explanation. This will clear students doubts about any question and improve application skills while preparing for board exams. The detailed, step-by-step solutions will help you understand the concepts better and clear your confusions, if any. Shaalaa.com has the Maharashtra State Board Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board solutions in a manner that help students grasp basic concepts better and faster.

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Concepts covered in Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board chapter 3 Entrepreneurship Development are Entrepreneurship, Characteristics of an Entrepreneur, Qualities of a Successful Entrepreneur, Functions of an Entrepreneur, Concept of Entrepreneurship Development, Characteristics of Entrepreneurship, Process of Entrepreneurship Development, Initiatives in Entrepreneurship Development, Intrapreneurship.

Using Balbharati 12th Board Exam solutions Entrepreneurship Development exercise by students are an easy way to prepare for the exams, as they involve solutions arranged chapter-wise also page wise. The questions involved in Balbharati Solutions are important questions that can be asked in the final exam. Maximum students of Maharashtra State Board 12th Board Exam prefer Balbharati Textbook Solutions to score more in exam.

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