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11th Commerce - Elements of Entrepreneurship - Two Marks Study Materials

Published on: 22/01/2020

Elements of Entrepreneurship

Download Tamil Nadu 12th Standard Commerce question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.

Questions + Answers key

Take MCQ Commerce Test

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Std: 12th Standard - Commerce

chapter: - Model Question paper

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Questions:

Generic 2

7 x 2 = 14

Definition of women entrepreneurs.

What do you mean by entrepreneurship?

List the challenges faced by the women entrepreneurs.(any 2)

What is meant by Intrapreneur

List down the promotional functions of entrepreneurs. (any 2)

List down the managerial functions of entrepreneurs. (any 2)

Mention any two characteristics of entrepreneurs

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Answers Key:

Generic 2

7 x 2 = 14

According to Schumpeter's concept, "Women who innovate, imitate or adopt a business activity are known as women entrepreneurs".

Entrepreneurship generates employment opportunities to many people besides providing self-employment to the entrepreneur. Any business venture started triggers a variety of economic activities like purchasing raw material, creating employment opportunities and so on.

(i) Problem of finance
(ii) Limited mobility
(iii) Lack of Education
(iv) Lack of Network support

Intrapreneur is one who thinks and acts like an entrepreneur for the firms development during the course of employment in an organisation.

(i) Discovery of idea
(ii) Determining the business objectives
(iii) Detailed investigation
(iv) Choice of form of enterprise

(i) Planning
(ii) Organising
(iii) Directing
(iv) Controlling
(v) Co-ordination

(i) Spirit of Enterprise,
(ii) Self confidence,
(iii) Flexibility,
(iv) Innovation.