Entrepreneur — Important Questions
ICSE · Class 11 · Entrepreneurship
65 important questions from Entrepreneur for ICSE Class 11 Entrepreneurship, with answers. Part of the ICSE Class 11 Entrepreneurship syllabus.
Interactive on Super Tutor
Studying Entrepreneur? Get the full interactive chapter.
Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for important questions and more.
Free trial, no card needed.
Important Questions from Entrepreneur
According to Adam Smith, an entrepreneur mainly acts as a person who does what?
Show answer
Transforms demand into supply by organising production activities
Adam Smith described an entrepreneur as an economic agent who transforms demand into supply by organising production and responding to market needs.
Which thinker viewed the entrepreneur as an innovator who introduces new products, methods, markets, or forms of organisation?
Show answer
Joseph Schumpeter
Joseph Schumpeter viewed the entrepreneur as an innovator who introduces new products, methods, markets, or forms of organisation.
Which phrase is closely linked with Joseph Schumpeter's idea of entrepreneurship?
Show answer
Creative destruction
Schumpeter's idea of creative destruction describes how innovation replaces old products, methods and organisations with new ones.
Who defined an entrepreneur as a person who searches for change, responds to it, and exploits it as an opportunity?
Show answer
Peter F. Drucker
Peter F. Drucker defined an entrepreneur as one who searches for change, responds to it, and exploits it as an opportunity.
+61 more questions on Entrepreneur (ICSE Class 11 Entrepreneurship)
Practise AllFrequently Asked Questions
What are the important topics in Entrepreneur for ICSE Class 11 Entrepreneurship?
How many important questions are there in Entrepreneur?
Sources & Official References
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
More resources for Entrepreneur
For serious students
Get the full Entrepreneur chapter — start free.
Quizzes, flashcards, an AI doubt solver and a study plan for ICSE Class 11 Entrepreneurship. Free to start, no card needed.