CBSE Class 12th AI (Artificial Intelligence) | 4. Entrepreneurial Skills – IV by Abraham | Learn Smarter
K12 Students

Academics

AI-Powered learning for Grades 8–12, aligned with major Indian and international curricula.

Professionals

Professional Courses

Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.

Games

Interactive Games

Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.

Typing
Memory
Math
English Adventures
Knowledge
4. Entrepreneurial Skills – IV

Entrepreneurship serves as a critical catalyst for innovation, job creation, and economic development. This chapter delves into various aspects of entrepreneurship, including the significance of business planning, marketing strategies, risk management, and funding options. Additionally, it emphasizes the importance of sustainable development in business practices and showcases inspiring success stories of young entrepreneurs in India.

Enroll to start learning

You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.

Sections

  • 4

    Entrepreneurial Skills – Iv

    This section explores advanced entrepreneurial skills, focusing on business planning, sustainable development, and the role of entrepreneurs in society.

    Learning Practice

  • 4.1

    Entrepreneurship And Society

    This section explores the pivotal role of entrepreneurs in driving economic growth and social change.

    Learning Practice

  • 4.1.1

    Role Of Entrepreneurs In Society

    Entrepreneurs significantly impact society by generating employment, driving innovation, and contributing to economic growth.

    Learning Practice

  • 4.1.2

    Types Of Impact

    This section discusses the various impacts of entrepreneurship, specifically focusing on economic, social, and environmental effects.

    Learning Practice

  • 4.2

    Sustainable Development And Entrepreneurs

    This section explores sustainable development and the pivotal role entrepreneurs play in fostering eco-friendly practices.

    Learning Practice

  • 4.2.1

    What Is Sustainable Development?

    Sustainable development involves meeting current needs without compromising future generations' ability to meet theirs, promoting environmental, economic, and social well-being.

    Learning Practice

  • 4.2.2

    Role Of Entrepreneurs In Sustainable Development

    Entrepreneurs play a crucial role in promoting sustainable development through innovative and eco-friendly practices.

    Learning Practice

  • 4.3

    Business Planning

    Business planning is the process of outlining a business's direction and goals, which is crucial for operational success and attracting funding.

    Learning Practice

  • 4.3.1

    Why Business Planning Is Important?

    Business planning serves as a roadmap for entrepreneurial ventures, guiding resource management and securing necessary funding.

    Learning Practice

  • 4.3.2

    Components Of A Business Plan

    This section outlines the key components that make up a business plan essential for aspiring entrepreneurs.

    Learning Practice

  • 4.4

    Marketing And Sales Strategy

    This section covers the fundamentals of marketing and sales strategies essential for promoting and selling products or services effectively.

    Learning Practice

  • 4.4.1

    What Is Marketing?

    Marketing involves promoting and selling products or services, including market research and advertising.

    Learning Practice

  • 4.4.2

    Elements Of Marketing Strategy

    This section explores the fundamental elements of marketing strategy, emphasizing the 4Ps: Product, Price, Place, and Promotion, along with the significance of a solid sales strategy.

    Learning Practice

  • 4.4.3

    Sales Strategy

    This section introduces the fundamental concepts of sales strategy, emphasizing the importance of understanding target customers and building relationships.

    Learning Practice

  • 4.5

    Risk Management

    Risk management involves identifying, assessing, and mitigating potential risks in business to ensure stability and sustainability.

    Learning Practice

  • 4.5.1

    What Is Risk In Business?

    This section explains the concept of risk in business, exploring different types of risks and methods for managing them effectively.

    Learning Practice

  • 4.5.2

    Types Of Risks

    This section outlines various types of risks that entrepreneurs face in business, including financial, operational, market, and legal risks.

    Learning Practice

  • 4.5.3

    How To Manage Risk

    Understanding and managing risks is essential for entrepreneurs to minimize losses and achieve business success.

    Learning Practice

  • 4.6

    Funding And Financial Literacy

    This section discusses the significance of funding for entrepreneurs and the foundational elements of financial literacy necessary for managing a business.

    Learning Practice

  • 4.6.1

    Need For Funding

    This section outlines the importance of funding for businesses and identifies various sources of funding.

    Learning Practice

  • 4.6.2

    Sources Of Funding

    This section explores various sources of funding available for entrepreneurs, including personal resources, loans, and public funding options.

    Learning Practice

  • 4.6.3

    Basics Of Financial Literacy

    Financial literacy is vital for entrepreneurs to understand profits, manage budgets, and comply with legal financial obligations.

    Learning Practice

  • 4.7

    Success Stories Of Young Entrepreneurs In India

    This section showcases inspiring success stories of young Indian entrepreneurs who have created remarkable business ventures, highlighting their innovative ideas and accomplishments.

    Learning Practice

  • 4.8

    Summary

    This section synthesizes the crucial entrepreneurial skills covered in the chapter, emphasizing the importance of entrepreneurs in economic and social development.

    Learning Practice

  • 4.9

    Key Takeaways

    Key takeaways underscore the vital role of entrepreneurship in creating value and societal impact.

    Learning Practice

References

Chapter_4_Entrep(1).pdf

Class Notes

Memorization

What we have learnt

  • Entrepreneurs play a vital ...
  • Sustainable development is ...
  • A well-thought-out business...

Final Test

Revision Tests