Grade 11 Entrepreneurship Unit -1

The function of an entrepreneur that compares the actual performance with standard performance is called as

(a)  

An individual who undertakes the risk of starting a new enterprise is

(a)  

Meenakshi started a business of high heel sandals with push buttons so that heels can be reduced; it reveals (a)   type of entrepreneurial function.

Channelizing the activities of various individuals in the organisation deals with (a)   function of an entrepreneur.

The job of overseeing subordinates at work to ensure the maximum utilisation of resources deals with (a)   function of an entrepreneur.

The psychological process of creating an urge among the subordinates to do certain things is called (a)   .

The term related to creation of goods and services is (a)   .

Systematic recording of financial transaction to know the financial position of a business is termed as (a)   .

Analysing the various sources of finance and arranging for them is called (a)   .

Making appointment for various positions defines (a)   managerial function of an entrepreneur.