Assertion Reason Questions for CBSE Class 11 Entrepreneurship
Here we are providing assertion reason questions for cbse class 11 entrepreneurship. All chapters are covered.
Entrepreneurship Assertion Reason Question
Chapter List
- Entrepreneurship : Concept and Functions
- An Entrepreneur
- Entrepreneurial Journey
- Entrepreneurship as Innovation and Problem Solving
- Understanding the Market
- Business Finance and Arithmetic
- Resource Mobilisation
Entrepreneurship CBSE Class 11
The syllabus is divided into seven units: (i) Entrepreneurship: Concept and Functions (ii) An Entrepreneur (iii) Entrepreneurial Journey (iv) Entrepreneurship as Innovation and Problem Solving (v) Understanding the Market (vi) Business Finance and Arithmetic (vii) Resource Mobilization.
Unit 1: Entrepreneurship: Concept and Functions
Competencies: Vision, Decision making, Logical, Critical and Analytical Thinking, Managing Skills
- Entrepreneurship – Concept, Functions and Need
- Why Entrepreneurship for You
- Myths about Entrepreneurship
- Advantage and Limitations of Entrepreneurship
- Process of Entrepreneurship
- Entrepreneurship – The Indian Scenario
Unit 2: An Entrepreneur
Competencies: Need Achievement, Motivation, Ethics, opportunity seeking, Passion, Independence
- Why be an Entrepreneur
- Types of Entrepreneurs
- Competencies and Characteristics
- Entrepreneurial Values, Attitudes and Motivation
- Intrapreneur: Meaning and Importance
Unit 3: Entrepreneurship Journey
Competencies: Scanning the environment; Information seeking; creativity; Innovativeness; divergent thinking; Perseverance
- Generation of Ideas
- Feasibility Study and opportunity assessment
- Business Plan: meaning, purpose and elements
- Execution of Business Plan
Unit 4: Entrepreneurship as Innovation and Problem Solving
Competencies: Risk taking; Determination; Initiative; problem solving ability; Adaptability to changing technologies
- Entrepreneurs as problem solvers
- Innovations and Entrepreneurial Ventures – Global and Indian
- Role of Technology – E-commerce and Social Media
- Social Entrepreneurship – Concept
Unit 5: Understanding the Market
Competencies: Task oriented, Opportunity seeking, resourcefulness, organizational skills, Analytical and logical reasoning
- Market: Concept, Types
- Micro and Macro Market Environment
- Market Research – Concept, Importance and Process
- Marketing Mix
Unit 6: Business Finance and Arithmetic
Competencies: Arithmetic skills, critical analysis, decision making, self-confidence, problem solving
- Unit of Sale, Unit Price and Unit Cost – for single product or service
- Types of Costs – Start up, Variable and Fixed
- Break Even Analysis – for single product or service
Unit 7: Resource Mobilization
Competencies: Resourcefulness; Collaboration; Managing Risk; Organizational Skills; Informed Decision Making
- Types of Resources – Physical, Human, Financial and Intangible.
- Selection and utilization of human resources and professionals like Accountants, Lawyers, Auditors, Board Members, etc.