Entrepreneurship

Unit test-I (2019-20)

Class XI MM: 50
General Instructions:
(i) All the questions are compulsory
(ii) Question no. 1 to 4 are very short answer questions carrying 1mark each. Answer to these
questions should be in about 15words.
(iii) Question no. 5 to 9 are short answer questions carrying 2marks each. Answer to these
questions should be in about 50 words.
(iv) Question nos.10 to 13 are short answer questions carrying 3marks each. Answers to these
questions should be in about 75words.
(v) Question nos.14,15 &16 should be answered with the word limit of not exceeding 150 words.
(vi) Question nos.17 & 18 are very long answer question which should be answered in about 250
words.

Q1. Define an Entrepreneur. (1)

Q2. What are the essential qualities required to be possessed by an Entrepreneur?(1)
Q3. How is an Entrepreneur different from Entrepreneurship? (1)
Q4. Who plays the role of an entrepreneur in a socialist country? (1)
Q5. What are the four core values possessed by an entrepreneur? (2)
Q6. Explain Innovation as the basic entrepreneurial function of an entrepreneur. (2)
Q7. How can an Entrepreneur finance his proposition? (2)
Q8. List the fields in which Trailblazers have business strengths. (2)
Q9. Give the main characteristics of diplomats. (2)
Q10. What is feasibility study? (3)
Q11. Distinguish between brain storming and focus groups. (3)
Q12. Give any three advantages and disadvantages of entrepreneurship (3)
Q13. Give any three features of attitude. (3)
Q14. What are ethics? Why is ethics important for an entrepreneur? (4)
Q15. Explain any four managerial functions of an Entrepreneur. (4)
Q16. What are the various steps in the process of motivation. (4)
Q17.What is the importance or need of Entrepreneurship in an economy? Give (6)
at least six benefits.
Q18. Explain Maslow’s need hierarchy theory. (6)