MBOSE Class 11 Question Paper 2023 for Entrepreneurship

Total No. of Printed Pages – 5 (2)
Choose the correct answer 1 4  4
2023
1. The basic managerial function which is related to
ENTREPRENEURSHIP deciding in advance of future activities in an
( COMMERCE ) organisation is

(a) Directing
THEORY
(b) Organising
Full Marks : 70
(c) Co-ordination
Time : 3 hours
(d) Planning.
The figures in the margin indicate full marks for the questions
2. ______ is a process in which a number of persons sit
General Instructions: together and generate a number of business ideas by
innovating alternative ways of meeting the needs and
(i) All questions are compulsory. Marks of the questions are solving problems.
indicated against them.
(a) Market research
(ii) Choose the correct answer for question Nos. 1 – 4.
(b) Environment scanning
(iii) Answer to question Nos. 5 to 10 should be between
20 – 30 words. (c) Brainstorming

(iv) Answer to question Nos. 11 to 14 should be between (d) None of the above.
30 – 50 words.

(v) Answer to Question Nos. 15 to 18 should be between 3. What is the full form of KFC?
50 – 60 words. (a) Kingfisher fried chicken
(vi) Answer to questions Nos. 19 to 21 should be between (b) Kentucky fried chicken
80 – 100 words.
(c) Kampire fried chicken
(vii) Answer to question Nos. 22 and 23 should be between
120 – 150 words. (d) Kenya fried chicken.

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(3) (4)

4. Which one of the following is an internal source of 14. What is fixed cost? Give any two examples. 3
financing?
(a) Equity shares 15. Explain the social responsibility of an entrepreneur
(b) Preference shares towards customers, employees, investors and
government. 4
(c) Debentures
(d) Retained earnings.
16. “Spending money on evaluating idea is a waste”. Do
you agree with this? Give any four reasons to justify
5. What is Market survey? 1 your answer. 4

6. Who is an entrepreneur? 2 17. What do you mean by breakeven point and breakeven
level? 4

7. Who are fabian entrepreneurs? 2
18. A Ltd. had decided to expand its production capacity
by modernising its plant and machinery at an
8. What do you mean by generation of idea? 2 estimated cost of 3 crores. The company does not
have enough reserve to finance modernisation.
Suggest two sources with reasons to the company from
9. Define business risk. 2
where it can raise finance. 4

10. What is public deposit? 2
19. Explain the basic steps involved in the preparation of
a business plan. 5
11. Why do we need entrepreneurs? 3 Or
What is a feasibility plan? Briefly explain the features
12. Explain any three characteristics of an entrepreneur. 3 of a feasibility plan.

13. Distinguish between internal trade and external trade 20. Explain the various stages of growth of an enterprise. 5
(any three points). 3

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(5)

21. Smita wants to buy a mobile phone for herself. She
has come to Reliance Digital. After coming to shop
she got confused. Write the name of promotion tool
which might have brought her to the shop and the
promotion tool needed now. Also write four points of
importance of the latter tool. 5

22. What is product mix? Describe briefly the salient
features of the product mix. 6

Or

Anil has written a book on Accountancy. What factors
must be considered by Anil before fixing the price of
the book?

23. Explain the term “fixed capital requirement”. What
are the factors to be kept in mind while planning for
fixed capital? 6

Or

What is ‘Working Capital’? Explain briefly the factors
affecting Working Capital.

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