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Chapter 3: Entrepreneurship Development
Balbharati solutions for Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board Chapter 3 Entrepreneurship Development Exercise [Pages 49 - 51]
Select the correct option and rewrite the completed sentences.
The word 'entrepreneur' is derived from the ________ word 'entreprendre'.
Japanese
English
French
'Entreprendre' means to _________
Undertake
Enterprise
Businessman
Start Up India is an initiative of the _______________.
RBI
Government of India
World Bank
___________ is the idea of bringing urban residents to rural areas, by empowering to local communities, both socially and economically.
Agro tourism
Medical tourism
Entertainment
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 |
Write a word or phrase or a term which can substitute the following:
An undertaking or adventure involving uncertainty and risk and requiring innovation.
Write a word or phrase or a term which can substitute the following:
A function of creating something new for economic activity.
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.
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.
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.
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.
State whether the following statements are True or False.
An entrepreneur should not be ready to work hard.
True
False
Agritourism can support the agricultural economy.
True
False
A successful businessman takes a calculated risk.
True
False
Entrepreneurship is a full-time job that requires dedication and hard work.
True
False
Startup India is an initiative of the Government of France.
True
False
Find the Odd one out:
Communicator
Innovator
Self-starter
Inactive
Find the Odd one out:
Trekking
Wildlife study
Horseback riding
Indoor games
Find the Odd one out:
Innovation
Lack of communication
Development of market
Determining the objectives
Complete the sentences
An entrepreneur is a person who starts a ____________.
'Start- up' India initiative was launched in ____________
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. |
Answer in one sentence.
What is Agro-tourism?
Answer in one sentence.
Who is 'Entrepreneur'?
Answer in one sentence.
Who described 'Entrepreneurship' as the founding of a private enterprise?
Correct the underlined word & rewrite the sentence.
The word 'Entrepreneur' comes from the German verb entreprendre, it means 'to undertake'.
Correct the underlined word & rewrite the sentence.
Entrepreneurs try to make home a better place where the needs of consumers can be satisfied.
Correct the underlined word & rewrite the sentence.
The loan taken under the stand-up India scheme is repayable in ten years.
Balbharati solutions for Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board Chapter 3 Entrepreneurship Development Exercise [Page 51]
Explain the following term/concept:-
Entrepreneur
Explain the following term/concept:-
Agro-tourism
Explain the following term/concept:-
Start-ups
Explain the following term/concept;-
Stand-ups
Explain the following term/concept:-
Intrapreneur
Balbharati solutions for Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board Chapter 3 Entrepreneurship Development Exercise [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?
Balbharati solutions for Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board Chapter 3 Entrepreneurship Development Exercise [Page 51]
Answer in brief.
Define an entrepreneur.
Explain the characteristics of entrepreneur.
Define an entrepreneur.
Explain the qualities of a successful entrepreneur.
Balbharati solutions for Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board Chapter 3 Entrepreneurship Development Exercise [Page 51]
Justify the following statement.
Entrepreneurship is the best source for self- employment.
Justify the following statement.
A successful businessman takes a calculated risk.
Justify the following statement.
Entrepreneur must be a good communicator.
Justify the following statement.
An entrepreneur must be an innovator.
Justify the following statement.
With creativity, farmers can expand their Agro-tourism Business.
Balbharati solutions for Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board Chapter 3 Entrepreneurship Development Exercise [Page 52]
Attempt the following.
Explain the characteristics of Entrepreneurship Development?
What is Entrepreneurship Development Program?
Balbharati solutions for Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board Chapter 3 Entrepreneurship Development Exercise [Page 52]
Answer the following.
Define an entrepreneur.
Explain the characteristics of entrepreneur.
Define an entrepreneur.
Explain the characteristics of an entrepreneur
Chapter 3: Entrepreneurship Development
Balbharati solutions for Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board chapter 3 - Entrepreneurship Development
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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.
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