FERTILIZER PUBLIC SCHOOL

CLASS- XI-B FINAL EXAMINATION 2023-24 M.M. 70

TIME:- 3 Hrs. SUBJECT- ENTREPRENEURSHIP SET - B

General instructions-

 This question paper contains FOUR sections, A, B, C AND D.

 Total numbers of questions are 34. All the questions are compulsory; however there
are internal choice given in some questions.
 Marks are indicated against each question.
 Try to attempt question in sequence, if possible.

SECTION A
1. Opportunities develop from [1]
a. Need and want c. Government
b. Competitor d. None of the above
2. Frist step in the stages of start-up is- [1]
a. Business model/plan c. Concept and research
b. Launch of product d. None of the above
3. Risk taking is [1]
a. Entrepreneurial function c. Managerial function
b. Promotional function d. Commercial function
4. “To give complete information about financial position of Business” is social responsibility of
entrepreneur towards- [1]
a. Employees c. Community
b. Government d. Investor/owner/share holder
5. Autonomy of entrepreneur refers to- [1]
a. Atmosphere of freedom c. Quest for outstanding performance
b. Innovativeness and creativity d. Respect for work
6. Motivation is- [1]
a. Adapted by birth c. Always present in human being
b. A psychological phenomenon d. None of the above
7. Highly competitive, ambitions and goal oriented entrepreneurs are called [1]
a. Managers c. Go getters
b. Trial blazers d. Authoritarian
8. Which type of entrepreneur always prefer a partner- [1]
a. Managers c. Trial blazers
b. Diplomats d. Collaborators
9. Which category of entrepreneurs enjoy working under pressure they have high sense of urgency [1]
a. Motivators c. Diplomats
b. Authoritarian d. Trial Blazers
10. Time period between receiving order and delivery of goods is known as [1]
a. Delivery time c. Inventory analysis
b. Order processing d. None of the above
11. To improve the image or create goodwill business units use following tool of promotion mix [1]
a. Advertisement c. Personal selling
b. Sales promotion d. Public relation
12. GST had merges all [1]
a. Direct taxes c. Both (a) and (b)
b. Indirect taxed d. None of the above
13. Businessman cannot operate for a longer time [1]
a. At break-even point c. Above break-even level
b. Below break-even level d. All of the above
14. Operational cost includes- [1]
a. Fixed cost c. Both (a) and (b)
b. Variable cost d. None of the above
15. The cost incurred at the time of launching the product is known as [1]
a. Startup cost c. Variable cost
b. Fixed cost d. Operational cost
16. Capital structure indicates ration between- [1]
a. Assets and liability c. Debt and equity
b. Current and Fixed assets d. Profit and Revenue
17. The concept which makes sure the availability of right amount of finance at the right time is called [1]
a. Financial planning c. Working capital
b. Capital structure d. Fixed capital
18. If ICR is high, firm prefers [1]
a. Debt c. Both (a) and (b)
b. Equity d. None of the above

SECTION B
19. Who is an Entrepreneur? [2]
OR
Write the full form of SIDBI
20. “Motivation is a complex process.” Comment [2]
21. “An Entrepreneur must be a good observer and a patient listener”. Explain the way of generating
idea in mentioned in the given statement. [2]
22. Explain any two tips and techniques to survive in New Age Economy. [2]
OR
Write the name of any two upcoming industries.
23. How to launch venture after pricing strategies. Explain. [2]
24. Cash register acts as a Cash Account also. Explain. [2]
OR
Give two example of each- Cash inflow and Cash outflow.
 SECTION C
25. Starting a business takes a lot of research an entrepreneur can find information on almost any
subject very rapidly by using the internet’s World Wide Web. An entrepreneur must communicate
with many people, suppliers distributors and a very quick and inexpensive ways is through the
internet. Explain the role of technology and social media in creating new forms of business. [3]
26. Mr. Manish wants to buy LED T.V. for its family. He has come to Pathak Entreprises, Chowk. After
coming to shop he got confused. Write the name of promotion tools which might have brought him
to the shop and the promotion tools needed now. Also write four points of importance of the latter
tool. [3]
OR
Haldiram is selling fast food to the customers. What channel of distribution is used by the
company?
27. What is personal selling? Explain features of personal selling. [3]
28. The following information relates to a company, which produces a single product.

Direct labour per unit Rs. 22

Direct material per unit Rs. 12
Variable overheads per unit Rs. 6
Fixed cost Rs.4,00,000
Selling price per unit Rs.60
Use the figure above to show the minimum number of units that must be sold for the company to
achieve break-even.
29. Who are incubators? Differentiate between Incubator and Accelerators on the basis of Time frame,
Capital, Goal and Control. [3]
OR
Explain the methods of collecting data – Census and Sample.
SECTION D
30. Explain all Managerial functions of an entrepreneur. [5]
OR
There are some beliefs about entrepreneur in mind of people which are not true. Explain all the
myths about entrepreneurs.
31. What are the misconceptions about great ideas? Explain the common ways of generating ideas. [5]
OR
Differentiate between feasibility study and business plan? Explain the process of execution of a
business plan
32. What is the concept of social entrepreneur? Give all examples of Indian social entrepreneurs you
have studied in your syllabus. [5]
33. What is price mix? Explain the factors must keep in mind while fixing the price of a commodity or
service. [5]
34. No source of business finance is free from so we cannot say which is the best source if business
finance. Explain all the factors keep in mind before selecting a suitable source of business finance.
[5]