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CBSE class 11 commerce entrepreneurship Preparation tips

CBSE class 11 commerce entrepreneurship Preparation tips

CBSE class 11 commerce entrepreneurship Preparation tips:- we will provide complete details of CBSE class 11 commerce entrepreneurship Preparation tips in this article.

CBSE class 11 commerce entrepreneurship Preparation tips

An entrepreneur is a person who starts an enterprise. The process of creation is called entrepreneurship. The entrepreneur is the actor

CBSE class 11 commerce entrepreneurship Preparation tips

and entrepreneurship is the act. The outcome of the actor and the act, is called the enterprise. An enterprise is the business organization that is formed and which provides goods and services, creates jobs, contributes to national income, exports and contributes to the overall economic development. The term „entrepreneur‟ is often used interchangeably with „entrepreneurship‟‟ but, conceptually, they are different, yet they are just like the two sides of a coin. Both the terms are co-related.

 An entrepreneur is a person who bears the risks, unites various factors of production and carries out creative innovations. He/she is an individual or one of a group of individuals who try to create something new. He/she always attempting to bring about change in terms of factor proportions, which is known as innovation.

On the contrary, entrepreneurship is the set of activities performed by an entrepreneur. It is process of identifying opportunities in the market place and marshalling the resources required to pursue these opportunities for long term gains. It is the attempt to create value.

CBSE class 11 commerce entrepreneurship Preparation tips

The main need for entrepreneurship State in any country is for Economic Development. In capitalist and developed countries, private entrepreneurs play an important role in economic development. In socialist countries, the state (Government) is the entrepreneur. In under-developed countries, private entrepreneurship is not encouraged because of the degree of risk involved. The
government has to play a vital role in economic development. But in a developing country like India which follows a mixed economy, the role of both the government and the private entrepreneurs is equally important. The role of the private entrepreneurs has further increased because of the liberal economic policies followed by the Indian government since 1991.

Economic growth depends on the rate of innovation in the economic field, which in turn, depends on the number and quality of entrepreneurs in the society. Thus, entrepreneur is an agent of progress in the society. The reason for slow progress of our Indian economy during the first four decades of independence is that, the Indian entrepreneur has been shy. But as our economy has been progressing, we have seen an upsurge in the number of entrepreneurs emerging in all fields, but more needs to be done for increased economic growth in our country.

CBSE class 11 commerce entrepreneurship Preparation tips

Development of school curriculum is a dynamic process responsive to the society and reflecting the needs and aspiration of its learners. Fast changing society deserves changes in educational curriculum particularly to establish relevance to emerging socio-economic environment; to ensure equity of opportunity and participation and finally promoting concern for excellence. In this context the course on entrepreneurship aims at instilling and stimulating human urge for excellence by realizing individual potential for generating and putting to use the inputs, relevant to social prosperity and thereby ensure decent means of living for every individual.

CBSE class 11 commerce entrepreneurship Preparation tips

Development of school curriculum is a dynamic process responsive to the society and reflecting the needs and aspiration of its learners. Fast changing society deserves changes in educational curriculum particularly to establish relevance to emerging socio-economic environment; to ensure equity of opportunity and participation and finally promoting concern for excellence. In this context the course on enterpreneurship aims at instilling and stimulating human urge for excellence by realizing individual potential for generating and putting to use the inputs, relevant to social prosperity and thereby ensure decent means of living for every individual

Objectives:

  • Acquiring Entrepreneurial spirit and resourcefulness
  • Familiarization with various uses of human resource for earning dignified means of living
  • Understanding the concept and process of entrepreneurship – its contribution in and role in the growth and development of individual and the nation
  • Acquiring entrepreneurial quality, competency and motivation
  • Learning the process and skills of creation and management of entrepreneurial venture

CBSE class 11 commerce entrepreneurship Preparation tips

Entrepreneurship program is being offered in various courses to aid students to build up a business mind and to make them efficient to work in business oriented firms. The program focuses on the basic essentials of business theory. This course aims in providing students knowledge about the different facets of entrepreneurship like risk taking, problem solving etc. so that they can become entrepreneurs in the future.

How to prepare if the Entrepreneurship Model Exam was a failure?

If the model exam was a failure then the students should not lose hope and try to get along with the situation. They should analyze the areas where they had a problem and should focus on those particular areas while preparing for the final exams. More emphasis must be given to the important and repeated topics in the previous exams. They should build p a good plan to cover the core areas that were left out during the model exam time.

How to prepare if Entrepreneurship Model Exam was a success?

If the model exam was a success then the students should not feel easy and take rest. They must continue their preparation and should focus on the time management in their plan. They must try to score more marks than in the model exam. If any of the portions were left out then it should be covered up during this time.

Tips and Tricks to prepare for the Entrepreneurship Exam

  • Time management must be given prime emphasis.
  • Key points must be noted down in a separate book let.
  • Revision time must be utilized effectively.
  • Help of good quality coaching centers can be utilized if necessary.

Prescribed Books for 12th Entrepreneurship Exam

  • Entrepreneurial Development by Dr. S. Moharana and Dr.C.R.Dash
  • Social Entrepreneurship: What Everyone Needs to Know by David Bornstein and Susan Davis
  • Entrepreneurial Development by S.S.Khanna
  • Entrepreneurship for Dummies by Kathleen R. Allen
  • The Success System That Never Fails by William Clement Stone
  • Educational Entrepreneurship: Realities, Challenges, Possibilities by Frederick M. Hess
  • The Future of Educational Entrepreneurship: Possibilities for School Reform by Edited by Frederick M. Hess and Frederick M. Hess
  • 21st Century Business Series: Entrepreneurship by Cynthia L. Greene
  • Entrepreneur’s Notebook: Practical Advice for Starting a New Business Venture by Steven K. Gold
  • Entrepreneurship: Ideas in Action by Cynthia L. Greene
  • Social Entrepreneurship in Education: Private Ventures for the Public Good (New Frontiers in Education) by Michael R. Sandler
  • Transforming Public Education: Cases in Educaion Entrepreneurship by Stacey M. Childress

These are the common books which are referred by the students who are preparing for this Entrepreneurship program. Various online books are also available for the students that assist in the preparation.

CBSE class 11 commerce entrepreneurship Preparation tips

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CBSE class 11 commerce entrepreneurship Preparation tips

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