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Concept Maps

Entrepreneurship — Concept Maps

ICSE · Class 11 · Business Studies

4 concept maps of Entrepreneurship for ICSE Class 11 Business Studies, each also written out as a text outline.

44 questions45 flashcards5 concepts

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An infographic listing and illustrating the key personal attributes and skills required for successful entrepreneurship, such as willingness to work hard, risk-taking, innovation, problem-solving, and
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An illustration from Super Tutor's Entrepreneurship chapter — alongside flashcards, concept maps and practice questions.

4 Concept Maps

Mind map showing the four main dimensions of an entrepreneur's role and definition

Mind map showing the four main dimensions of an entrepreneur's role and definition

The map in words

  • Entrepreneur Definition
    • Innovator
      • Creates new products
      • New business models
      • Revolutionary ideas
    • Risk-Bearer
      • Uncertain outcomes
      • Financial risk
      • Market uncertainty
    • Organizer
      • Combines resources
      • Manages teams
      • Coordinates production
    • Opportunist
      • Identifies gaps
      • Exploits changes
      • Sees possibilities

Flowchart showing the two classifications of entrepreneurs and their characteristics

Flowchart showing the two classifications of entrepreneurs and their characteristics

The map in words

  • Entrepreneur Classification
    • Independent Entrepreneurs
      • Develop own ideas from scratch
        • High Risk High Reward
      • Start completely new organization
      • Example: Start-up founders
    • Spin-off Entrepreneurs
      • Take ideas from existing workplace
      • Create new venture outside
      • Example: Flipkart founders

Pie chart showing typical distribution of entrepreneur types in developing economies

Pie chart showing typical distribution of entrepreneur types in developing economies

The map in words

  • Innovative: 15
  • Imitative: 40
  • Fabian: 30
  • Drone: 15

Entrepreneurship

Entrepreneurship

The map in words

  • Entrepreneurship
    • Meaning and Definition of Entrepreneur
    • Classification of Entrepreneurs
    • Types of Entrepreneurs by Clarence Danhof
    • Characteristics of a Successful Entrepreneur
    • Meaning and Definition of Entrepreneurship
    • Characteristics of Entrepreneurship
    • Factors Affecting Entrepreneurship
    • Types of Entrepreneurship

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Frequently Asked Questions

What are the important topics in Entrepreneurship for ICSE Class 11 Business Studies?
Key topics in Entrepreneurship include Meaning and Definition of Entrepreneur, Definitions of Entrepreneur, Classification and Types of Entrepreneurs, Characteristics of a Successful Entrepreneur. Study these first, then practise questions on each for Class 11 exams.
What do the concept maps for Entrepreneurship show?
The 4 maps show how the ideas in Entrepreneurship connect: Mind map showing the four main dimensions of an entrepreneur's role and definition; Flowchart showing the two classifications of entrepreneurs and their characteristics. Each map is also written out as an outline on this page.
How should I revise Entrepreneurship for Class 11 exams?
Learn the core ideas first, then work through the 44 practice questions on Entrepreneurship. Revise definitions regularly and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

More resources for Entrepreneurship

All ICSE Class 11 Business Studies Concept Maps

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