Information Technology TERM II
Entrepreneurial Skills-II
Class 10 Session 2021-2022
Case Study Questions 01
Direction Read the case and answer the following questions.
Entrepreneurship development is the process of improving the skills and knowledge of entrepreneurs through various training and classroom programs. Entrepreneurship development is concerned with the study of entrepreneurial behaviour, the dynamics of business set-up, development and expansion of the enterprise. The whole point of entrepreneurship development is to increase the number of entrepreneurs. This accelerates employment generation and economic development. Entrepreneurship is promoted to help lessen the unemployment problem, to overcome the problem of stagnation and to increase the competitiveness and growth of business and industries. Entrepreneurship development concentrates more on growth potential and innovation. Entrepreneurship development has gained increasing significance in developing an economy. It is an organised and systematic development. It is a tool of industrialisation and a solution to unemployment problem for any country.
(i) Which of the following is the concern related to the study of entrepreneurship development?
(a) Entrepreneurial behaviour
(b) Dynamics of business set-up
(c) Development and expansion of the enterprise
(d) All of the above
(d) Entrepreneurship development is a study of the dynamics of being an entrepreneur. It depicts the exact behaviour of an entrepreneur that he/she should follow for the development and expansion of the enterprise.
(ii) Which of the following is a tool of industrialisation and a solution to unemployment problem for any country?
(a) Entrepreneur
(b) Entrepreneurship
(c) Entrepreneurship development
(d) None of the above
(c) Entrepreneurship development is a solution of unemployment for the youth of the society and leads a country towards its development and upliftment.
(iii) The whole point of entrepreneurship development is related to
(a) increase the number of stakeholders
(b) increase the number of entrepreneurs
(c) decrease the number of shoppers
(d) increase the number of developers
(b)Entrepreneurship development is to inspire the youth for being an entrepreneur and thus to increase the number of entrepreneurs of a country.
(iv) Which of the following does entrepreneurship development does not accelerate?
(a) Employment generation
(b) Economic development
(c) Stagnation of resources
(d) All of these
(c) Entrepreneurship development accelerates the solution to the problem of stagnation of resources as their will always be a flow of resources without any logging.
(v) Which of the following statement(s) is/are true about entrepreneurship development?
(a) Entrepreneurship development is an organised and systematic development.
(b) Entrepreneurship development concentrates more on growth potential and innovation.
(c) Entrepreneurship development is the process of improving the skills and knowledge of entrepreneurs through various training and classroom programs.
(d) All of the above
(d) Entrepreneurship development concentrates on economic and potential growth of a country as it promotes innovativeness, decision-making, risk-bearer and many more. Entrepreneurs have the ability to produce more goods and services with less inputs. They play an important role in raising productivity.