Practice Entrepreneur (Enterprise) - 2.5 | 2. Factors of Production – Basic Concepts | ICSE Class 10 Economic Applications
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2.5 - Entrepreneur (Enterprise)

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is the primary role of an entrepreneur?

💡 Hint: Think about how they utilize land, labor, and capital.

Question 2

Easy

Name one characteristic of an entrepreneur.

💡 Hint: These traits help in handling business challenges.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is the main motivation for entrepreneurs?

  • Job Security
  • Profit
  • Social Responsibility

💡 Hint: Consider what entrepreneurs aim to achieve financially.

Question 2

True or False: Entrepreneurs are only risk-takers.

  • True
  • False

💡 Hint: Think about the other roles they play.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Evaluate the impact of a failure in an entrepreneurial venture. How can this failure lead to future success?

💡 Hint: Consider famous entrepreneurs who failed before succeeding.

Question 2

Illustrate the decision-making process of an entrepreneur when launching a new product.

💡 Hint: Think about how they balance innovation with practical considerations.

Challenge and get performance evaluation