Entrepreneurship
Karnataka Board · Class 10 · Social Science
Flashcards for Entrepreneurship — Karnataka Board Class 10 Social Science. Quick Q&A cards covering key concepts, definitions, and formulas.
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What is the meaning of the word 'entrepreneur' and from which language is it derived?
Answer
The word 'entrepreneur' is derived from the French word 'Entreprende', which means to undertake some activity. An entrepreneur is an innovator of new ideas and business processes who possesses managem…
Define entrepreneurship and explain its nature.
Answer
Entrepreneurship is the process of action of an entrepreneur who undertakes to establish his enterprise. It is a creative activity - the ability to create and build something. It involves sensing oppo…
List any five important characteristics of an entrepreneur.
Answer
Five important characteristics of an entrepreneur are: 1) Creativity - ability to generate new ideas, 2) Innovation - implementing new methods and products, 3) Risk taking - willingness to face uncert…
What are the main functions performed by an entrepreneur?
Answer
Main functions of an entrepreneur include: 1) Starting business by preparing plans, 2) Organizing factors of production, 3) Making decisions about product, technology, and marketing, 4) Coordinating a…
How do entrepreneurs promote capital formation in a country?
Answer
Entrepreneurs promote capital formation by mobilizing the idle savings of citizens. They employ both their own resources and borrowed funds for setting up enterprises. This entrepreneurial activity le…
Explain how entrepreneurs contribute to employment generation.
Answer
Entrepreneurs provide large-scale employment opportunities to various categories of people including artisans, technically qualified persons, and professionals. By starting new ventures and expanding …
What is the relationship between entrepreneurs and GDP growth?
Answer
Entrepreneurs help increase the country's Gross Domestic Product (GDP) and per capita income by creating new businesses, producing goods and services, and adding value to the economy. Their innovative…
How do entrepreneurs help in reducing regional disparities?
Answer
Entrepreneurs help remove regional disparities by promoting development of industries in rural and backward areas. They establish enterprises in underdeveloped regions, bringing employment opportuniti…
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Sources & Official References
- Karnataka SSLC — kseeb.kar.nic.in
- Dept of Pre-University Education, Karnataka
- National Education Policy 2020 — education.gov.in
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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