CHAPTERWISE CBSE PREVIOUS YEAR QUESTIONS, UNIT-1 SENSING ENTREPRENEURIAL OPPORTUNITIES

Standard

1 MARK QUESTION

  1. In which form does the “opportunity” exist in the environment? (2012)
  2. Write down two basic roles of entrepreneur. (2011)
  3. Name the process of perceiving the needs and problems of people and society in arriving at creative solutions. (2010 C)
  4. Enumerate two key functions of an entrepreneur. (2009 C)
  5. Harsh plans production of a motor car for the common man at a very low price. Name the characteristic that develops his ideas into a viable and successful project. (2008)
  6. Why are entrepreneurs and enterprise considered ‘skin and body’?(2009)
  7. What is meant by idea fields? (2012)
  8.  Scanning of opportunity is ‘the link’ between ‘sensing opportunities’ and ‘entrepreneurial success’. Explain this statement with a suitable example.(2009)What are trade related ideas? (2009)
  9. Give the meaning of ‘Legal environment’.(2015)
  10. ‘It is the process of entrepreneurship which involves the translation of a useful idea into an application which has commercial value’. Identify the process. (2015)
  11. Balwant singh of Bikaner thought of air-conditioned houses which do not require electricity. He wanted to explore the idea of construction of such eco-friendly houses which will remain cool in summers and warm in winters. He conceived the idea in 2010 but the final product could take shape in 2014. Name the stage in ‘The Creative Process’ described in the above lines.(2015)
  12. Give the meaning of ‘Ecological Environment’.(2015)

 

2 MARKS QUESTION

 

  1. An entrepreneur decides to sell his woolen garments in the month of February on discount. Name and explain the environmental factor which prompted him to take this decision. (2010) (Set 98/1)
  2. An entrepreneur has decided to open a retail outlet to sell fast food items like pizza, noodles etc. in the rural areas. Do you think his decision is correct? Give anyone reason identifying the environmental factor helpful in taking this decision. (2010) (Set 98)
  3. Gargya Ltd. decided to sell ceiling fans and air-conditioners at a discount during Diwali season to clear the stock. Name and explain the environmental factor which helped them in taking this decision.(2011)
  4. Sale of ceiling fans during winter season is a decision prompted by an environmental factor. Name and explain the factor.(2008)
  5. An entrepreneur has decided to open a retail outlet to sell fast food items like pizza, noodles etc. in the rural areas. Do you think his decision is correct? Give anyone reason identifying the environmental factor helpful in taking this decision.(2010)
  6. Pragya Ltd. decided to sell air-conditioners and refrigerators at a discount’ during winter season to clear the stock. Name and explain the environmental factor which helped them in taking this decision.(2011)
  7. State the different stages of an ‘Enterprise Process-Diagram’ with diagram. (2008,2012)

 

3 MARKS QUESTION

  1. Explain, with the help of an example, ‘ability to perceive and preserve the basic ideas’ as a factor in the process of sensing opportunities.(2008,2010)
  2. Why is environment an important factor for entrepreneurship? Explain. (2012)
  3. How are ideas generated?(2009)
  4. Describe any three fields of ideas with suitable examples. (2011)
  5. What is meant by ‘Problem Identification’? State its any four uses and also give an example.(2015)
  6. What is meant by ‘Problem Identification’?  State any two objectives and also give an example of problem identification.(2015)

 

4 MARKS QUESTION

 

  1. What are the major categories of entrepreneurial ideas? Discuss them with an example each from your observations and readings. (2010)
  2. Explain’ Ability to perceive and preserve basic ideas’ as an important factor involved in the process of sensing opportunities. (2010, 2011)
  3. Explain how ‘Socio-cultural factors’ and’ ‘Political factors’ help in scanning the environment. (2010)
  4. Explain how ‘Political factors’ and ‘Economic factors’ help in scanning the environment. (2010 C)
  5. Why is environment an important factor for entrepreneurship? Explain. (2009 C)
  6. Explain with example how ‘Existing Products or Services’ help in generation of ideas. (2012)
  7. Explain any four methods adopted by entrepreneurs to generate ideas with atleast one example for each. (2011)
  8. Explain how ‘Application and use’,’level of operation’,’Cost’,’Technical Complexity’ help in identifying a feasible product or process. (2012)
  9. What is market assessment? Why is it needed for an entrepreneur?(2008)
  10. ‘Information for environmental scanning can be collected from several sources.’ State any four such sources.(2015)
  11. The first step in the creative process is ‘Idea Germination’. State the other steps of this process.(2015) 

     

    6 MARKS QUESTION

    1. Scanning of opportunities is ‘the link’ between ‘sensing opportunities’ and ‘entrepreneurial success’. Explain this statement with a suitable example.(2009)

    2.Explain any six ways adopted by the entrepreneurs to generate ideas with at least
    one example for each.(2012)

    3. Explain any six idea fields which act as convenient frames of reference for an entrepreneur at the time of generating ideas. (2010)

    4. Explain any four important aspects to be considered while doing market assessment by an entrepreneur.(2010)

    5.Define ‘Creativity’. Explain the five stages of the ‘creative process’. (2012)

    6. “An enterprise that does not grow will eventually die.” Explain this statement with suitable examples.(2010)

    7. ‘Jagriti Ltd’ are the manufacturers of cars for the last 15 years and was earning good profits. Recently, due to irregular supply of parts by the suppliers the company could not make timely delivery of cars to its customers. The customers cancelled their bookings and there were very few new bookings. As a result the sale of the cars declined and also the profits. The management of the company analysed the problems and decided to take over those two firms because of whom the problems arose. One of them was supplying engines and the other tyres. The company also launched new discount schemes for its customers. It also decided to employ 200 unemployed young boys and girls to take up the cleaning operations using imported machines inside the factories as well as the surrounding areas.
    (a) Identify and state the concept of ‘Enterprise marketing and growth strategies’ discussed in the above para.
    (b) Identify any one value which ‘Jagriti Ltd’ wanted to communicate to the society.(2015)

    *8. One of the keys to business success is to anticipate what the market will want or need. Since it is not possible for an entrepreneur to see into the future, there is one best way. The best way will help the entrepreneur to understand the market and produce goods or services accordingly.
    (a) Identify the concept stated in the above lines
    (b) Explain any three ways in which an entrepreneur can perform the activities related to concept identified. (2015)

Advertisements

About booksbysonamsachdeva

Hello Readers! I am Sonam Sachdeva and I am an Author, Lecturer, and yes, now a Blogger. I have a rich experience of 4 years in teaching core Management subjects to more than 1000 students. I have done MBA and BBA from Guru Gobind Singh Indraprastha University, PGDIBO from IGNOU and ACM (HRM) from AIMA. I have also qualified UGC NET & JRF. I am presently empanelled as an Assistant Professor at Delhi University, New Delhi. I have attended various National and International Conferences, Seminars and Workshops. I have written several research papers, case studies and book reviews which have been published in reputed International and National journals. I was a rank holder in my post-graduation and graduation and was a scholar at school. Moreover, I have been an active recruiter in the institutions I served. I am a member of All India Management Association and Delhi Management Association. Teaching is my passion and I hope that through this blog, I will help you become expert in some of the most demanding subjects in Management. I hope that you will like the stuff. For any queries, write at: booksbysonamsachdeva@outlook.com Enjoy reading... Sonam Sachdeva

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s