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Worksheet XI - 1 Functions of Entreprenurs

The document is a worksheet for Class XI students at Subodh Public School, focusing on the functions of entrepreneurs through case studies of Riya, Arjun, and Neha. Each case study presents a young entrepreneur who identified a market need, faced challenges, and successfully built their businesses by employing innovation, risk-taking, and organization building. The worksheet includes questions aimed at assessing students' understanding of entrepreneurial qualities and functions demonstrated by the individuals in the case studies.

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44 views1 page

Worksheet XI - 1 Functions of Entreprenurs

The document is a worksheet for Class XI students at Subodh Public School, focusing on the functions of entrepreneurs through case studies of Riya, Arjun, and Neha. Each case study presents a young entrepreneur who identified a market need, faced challenges, and successfully built their businesses by employing innovation, risk-taking, and organization building. The worksheet includes questions aimed at assessing students' understanding of entrepreneurial qualities and functions demonstrated by the individuals in the case studies.

Uploaded by

siddhi.personal09
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Subodh Public School, Near Airport,

Sanganer, Jaipur
Session: 2025 – 2026
Worksheet

Class & Sec.:XI Date : 08


May 2025
Subject : Entrepreneurship Chapter/Topic:
Function of entrepreneur

Q1. Riya, a 24-year-old commerce graduate, noticed that many people in her city struggled to find healthy,
affordable snacks. She decided to start a small business called FitBite, offering home-made, nutritious snack
boxes. Despite initial challenges like lack of funds and customer trust, she managed to grow her business by
using social media and word-of-mouth marketing. Today, FitBite has more than 500 regular customers and 3
employees.
Question:
Based on the above case study, answer the following:
a) Who is an entrepreneur?
b) Identify and explain any two entrepreneurial qualities shown by Riya.
c) How did Riya handle the risks involved in her business?
d) What role did innovation play in Riya’s success?
Q 2 Arjun, a young software engineer, realized that small local grocery stores were struggling to manage
inventory and connect with customers online. He launched a digital platform called SmartKart that allowed
small retailers to list their products, manage stock, and take online orders. In the beginning, he faced
financial risks and uncertainty about how many retailers would adopt the system. He hired a small team of
developers, trained retailers, and set up a customer support system to ensure smooth operations. Within a
year, over 200 stores had joined the platform, and customers praised its convenience.
Question:
Read the case study and answer the following questions:
a) Identify and explain how Arjun displayed the function of innovation.
b) What risk did Arjun take as an entrepreneur?
c) How did Arjun perform the function of organisation building?
d) Explain how all three functions (innovation, risk-taking, organisation building) contributed to the success
of SmartKart.
Q 3. Neha, an MBA graduate, wanted to start a business that promoted eco-friendly personal care products.
Before starting, she conducted a detailed investigation of the market, studied consumer preferences,
competitors’ pricing, and the availability of raw materials. Based on her research, she finalized a range of
products like organic soaps and shampoos.To assemble the requirements, Neha contacted suppliers of
natural ingredients, hired skilled workers, rented a small production space, and registered her brand,
GreenGlow.For financing the proposition, she used a mix of personal savings, a bank loan, and funds from a
government scheme that supported women entrepreneurs. Today, GreenGlow is a growing brand with both
offline and online presence.
Questions:
a) How did Neha demonstrate the function of detailed investigation as an entrepreneur?
b) Explain how Neha carried out the function of assembling the requirements.
c) Describe the sources through which Neha financed her business proposition.
d) Why are these three functions important for the success of any new venture?

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