{"id":107290,"date":"2023-04-18T10:00:26","date_gmt":"2023-04-18T04:30:26","guid":{"rendered":"https:\/\/www.aplustopper.com\/?p=107290"},"modified":"2023-04-19T10:09:00","modified_gmt":"2023-04-19T04:39:00","slug":"plus-two-business-studies-chapter-wise-previous-questions-chapter-13","status":"publish","type":"post","link":"https:\/\/www.aplustopper.com\/plus-two-business-studies-chapter-wise-previous-questions-chapter-13\/","title":{"rendered":"Plus Two Business Studies Chapter Wise Previous Questions Chapter 13 Entrepreneurial Development"},"content":{"rendered":"<h2>Kerala Plus Two Business Studies Chapter Wise Previous Questions Chapter 13 Entrepreneurial Development<\/h2>\n<h3>Plus Two Business Studies\u00a0Business Entrepreneurial Development 3 Marks Important Questions<\/h3>\n<p>Question 1.<br \/>\nList out the important characteristics of entrepreneurship. <span style=\"color: #0000ff;\">[March &#8211; 2016]<\/span><br \/>\nAnswer:<br \/>\nCharacteristics of Entrepreneurship<\/p>\n<ul>\n<li>It is a systematic and purposeful activity.<\/li>\n<li>The object of entrepreneurship is a lawful business.<\/li>\n<li>Entrepreneurship is a creative and innovative response to the environment and an ability to recognize, initiate and exploit an economic opportunity.<\/li>\n<\/ul>\n<p>Question 2.<br \/>\n\u201cAn entrepreneur is not only the composer of the musical score and the conductor of the orchestra but also a one-man band.\u201d In light of the above statement, explain the role of entrepreneurs in relation to an enterprise. <span style=\"color: #0000ff;\">[May &#8211; 2016]<\/span><br \/>\nAnswer:<br \/>\nRole of Entrepreneurs in Relation to their Enterprise<\/p>\n<ul>\n<li>Perceiving market opportunities<\/li>\n<li>Gaining command over scarce resources.<\/li>\n<li>Marketing of the products and responding to competition.<\/li>\n<\/ul>\n<p>Question 3.<br \/>\nState the important characteristics of entrepreneurship. <span style=\"color: #0000ff;\">[March &#8211; 2017]<\/span><br \/>\nAnswer:<br \/>\nCharacteristics of Entrepreneurship<\/p>\n<ul>\n<li>It is a systematic and purposeful activity.<\/li>\n<li>The object of entrepreneurship is a lawful business.<\/li>\n<li>Entrepreneurship is a creative and innovative response to the environment and an ability to recognize, initiate and exploit an economic opportunity.<\/li>\n<\/ul>\n<p>Question 4.<br \/>\nNaveen wants to establish a business enterprise of his own. Appraise him about the various steps he needs to go through in the process of setting the business. <span style=\"color: #0000ff;\">[May &#8211; 2017]<\/span><br \/>\nAnswer:<br \/>\nProcess of Setting up a Business Resource mobilization<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-30755\" src=\"https:\/\/www.hsslive.guru\/wp-content\/uploads\/2020\/11\/Plus-Two-Business-Studies-Chapter-Wise-Previous-Questions-Chapter-13-Entrepreneurial-Development-1.png\" alt=\"Plus Two Business Studies Chapter Wise Previous Questions Chapter 13 Entrepreneurial Development 1\" width=\"338\" height=\"365\" \/><\/p>\n<h4><a href=\"https:\/\/www.aplustopper.com\/plus-two-business-studies-chapter-wise-previous-questions-answers\/\">Plus Two Business Studies Chapter Wise Previous Questions and Answers<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Kerala Plus Two Business Studies Chapter Wise Previous Questions Chapter 13 Entrepreneurial Development Plus Two Business Studies\u00a0Business Entrepreneurial Development 3 Marks Important Questions Question 1. List out the important characteristics of entrepreneurship. [March &#8211; 2016] Answer: Characteristics of Entrepreneurship It is a systematic and purposeful activity. The object of entrepreneurship is a lawful business. Entrepreneurship [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[42728],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.8 (Yoast SEO v17.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Plus Two Business Studies Chapter Wise Previous Questions Chapter 13 Entrepreneurial Development - A Plus Topper<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.aplustopper.com\/plus-two-business-studies-chapter-wise-previous-questions-chapter-13\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Plus Two Business Studies Chapter Wise Previous Questions Chapter 13 Entrepreneurial Development\" \/>\n<meta property=\"og:description\" content=\"Kerala Plus Two Business Studies Chapter Wise Previous Questions Chapter 13 Entrepreneurial Development Plus Two Business Studies\u00a0Business Entrepreneurial Development 3 Marks Important Questions Question 1. 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