Periodic assessment - 1 2023-2024 Name: ________________________

Subject:Entrepreneurship Class: 11 Division: _____________

Date: / /2023 Roll No: _______________________
Time: 2 hours Invigilator’s Sign ________________
Max Marks: 35

General Instructions:-
1.The question paper contains 4 sections - A, B, C and D
1.1. Section A contains Multiple choice questions
1.2. Section B - 2 marks
1.3. Section C - 3 marks
1.4. Section D - 5 marks
2. Internal choice is given in the paper, there is no overall choice.

1. This function of an Entrepreneur is concerned with “to organise, guide, coordinate, direct and 1
control the activities of the factors of production. Which of the managerial functions of an
Entrepreneur is mentioned in the above lines?

a. Planning b. Organising c. Directing d. Staffing

2. Attitude is _______ when a person has a positive or negative attitude towards countries or 1
people.

a. Dynamic b. Pervasive c. Value driven d. None of the above

3. _______ are the types of Entrepreneurs who imitate only when they are sure that failure to do 1
so would result in a loss of the relative share in the enterprise.

a. Trading Entrepreneurs c. First generation Entrepreneurs

b. Fabian Entrepreneurs d. Innovative Entrepreneurs

4. The Government of India has initiated the Self Reliant Movement to make India self dependent 1
instead of buying goods from other countries. Which of the following needs of
Entrepreneurship is mentioned in the above case?

a. Social benefits b. Life line of the nation c. Increased profits d. Improves standard of living

5. Mehak wants to start a textile unit near Gurgaon. Out of the following functions of an 1
Entrepreneur, choose the Commercial function will help her plan and perform for the same?

a.Innovation b.Investigating the business idea c. Accounting d.Planning

6. To which category of type of Entrepreneur does Hero motocorp and Hyundai corporation 1
belong to ____________

a.Trading Entrepreneur c. First-generation Entrepreneur

b.Business Entrepreneur d. Industrial Entrepreneur

7. “The Entrepreneur decided the capital structure of the company”.Which of the promotional 1
 functions of an Entrepreneur is highlighted in the quoted lines?

a. Detailed investigation c. Discovery of an idea

b. Financing the proposition d. Assembling of resources

8. Who is the Father of Entrepreneurship? 1

a. Joseph Alois Schumpeter b. Richard Cantillon c. Charles Schwab d. Frank Knight

9. Explain Harvest in the process of Entrepreneurship. 1

10. They are highly ambitious and not happy with the slow progress in their jobs’. Explain the type 2
of the Entrepreneur mentioned in the above statement.

11. Explain the two disadvantage of being an Entrepreneur 2

12. Innovation is the hallmark of Entrepreneurship. Why is innovation considered as the basic 3
function of Entrepreneurship?

13. Is Intrapreneur a crucial stepping stone in building a strong foundation for an organisation? 3
Support your answer with strong reasons.

14. “The key to success in an Entrepreneurial journey is only through inheritance of the business 3
and its resources”. Do you agree? Give reasons

15. Explain the role of Business ethics in the Entrepreneurship. 3

16. Explain Maslow’s Theory of Motivation 5

17. Explain the process of entrepreneurship 5

OR

"The thoughts, feelings and tendencies to behave are acquired gradually." In the light of this
statement describe the sources of attitudes of the Entrepreneurs.