Practice Functions of an Entrepreneur - 2.5 | 2. Entrepreneurship | ICSE Class 11 Business Studies
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2.5 - Functions of an Entrepreneur

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is idea generation?

💡 Hint: Think of the first step before starting a business.

Question 2

Easy

Why is resource mobilization important?

💡 Hint: Consider what a business needs to function.

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 purpose of idea generation?

  • Creating business plans
  • Developing new products
  • Managing resources

💡 Hint: Think about the first step in creating a business.

Question 2

True or False: Risk management is not necessary for entrepreneurs.

  • True
  • False

💡 Hint: Consider what entrepreneurs face when starting a business.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

You are an entrepreneur launching a new café. Identify at least three potential risks and develop strategies for mitigating each of them.

💡 Hint: Consider both external and internal factors that could affect operations.

Question 2

Propose a continuous improvement strategy for a technology company that wants to enhance its product offerings.

💡 Hint: Think about how technology evolves with consumer needs.

Challenge and get performance evaluation