SHARJAH INDIAN SCHOOL Br.

Juwaiza
HOLIDAY HOME ASSIGNMEMT 2022-23
GRADE: XII ENTREPRENEURSHIP

1. Vipin has completed his Master’s degree in Computer Science from IIT,
Delhi. He thought of an attractive economic idea which could be
implemented to create a business, earn profits and ensure further growth.
The idea was to link the different restaurants with the Indian railway
network so that while travelling, the railway passengers can order food as
per their liking.
List any two elements of the concept discussed above (1)
2. Distinguish between ‘Partnership’ and ‘Private Limited Company’ on the
basis of ‘Maximum number of members’. (1)
3. Paranshu was working with Hitesh a new entrepreneur, as a Production
Manager. To achieve the objectives, he issues necessary orders and
guidelines to his subordinates pertaining to work and to give practical shape
to the production plan.
Identify and state the element being discussed above which is related to one
of the components of a ‘Business Plan’. (1)
4. Differentiate between 'Value-Added-Tax’ and 'Sales tax'. (1)
5. What is meant by 'Environmental Scanning'? (1)
6. How is target market identified while preparing the marketing plan? (2)
7. Saurabh wants to start a new business. He is not sure of the type of business
he should start. His friend suggested him to seek the help of professionals.
He contacted a professional who asked Saurabh to pay a big amount for
providing the repots and industry updates. Therefore he decided to search for
the reports and industry updates himself. He scanned the relevant
information from various national and international websites.
Identify and state the way that Saurabh is using for spotting the trend. Also
state one more way which will help Saurabh in starting his business. (2)
8. What is PAN? Why it is required? (2)
9. Samuel wants to start a small umbrellas manufacturing factory. As part of his
business plan he prepared an entertain slide show and oral narrative that was
meant to trigger discussion and create interest in potential investors for
reading the written presentation Identify and explain the format of business
plan referred in the above paragraph. (2)
10.Explain the meaning of routing and scheduling as elements of operation
plan. (2)
11.State the first three steps in the process of ‘creativity’. (3)
12.Give the meaning of 'Innovation'. State the elements in the innovation
process. (3)
13.Before operationalization of a Hindu Undivided Family Business, its Karta
has to fulfill certain legal formalities. Explain any three such legal
formalities. (3)
14.Rohit Shetty stated leader shoe business with his brother. Both were very
excited about the new venture. With meticulous planning and a lot of hard
work they were able to sell 700 pairs of shoes in the first year. But they did
not earn any profit. Both were happy because they were not at loss and
revenue generated was equal to the cost .Now they were moving towards
earning profit in the second year.
(a) Identify the component of financial plan discussed above.
(b) By giving any four points state how this component is useful for the
entrepreneur? (3)
15.Abhiraj Chaudhary is into the business of manufacturing low - cost Diesel
Cars in Germany. He is earning good profits and ambitiously considering
overseas expansion. He scans the environment for finding out the
opportunities and threats that may influence his current and future plans. He
zeros down on India as a potential place for his business expansion as Indian
Government has announced favorable trade regulations. On selling the first
lot of cars in India, the Indian Government noticed that the emissions from
these cars were above the permissible limit. The government asked him to
make necessary modifications in his cars if he wanted to continue business
in Government.
(a) Quoting the lines from the above para identify any two environmental
factors.
(b) Also, state any two values which Abiraj Chaudhary tried to communicate
to the Indian Society. (3)
16.Ankit is into the business of manufacturing low - cost diesel - cars in
Germany. He is earning good profits and ambitiously considering overseas
expansion. He scans the environment for finding out the opportunities and
threats that may influence his current and future plans. He zeroes down on
India as a potential place for his business expansion as Indian Government
has announced favorable trade regulations. On selling the first lots of cars
were above the permissible limit. The government asked him to make
necessary modifications in his cars if he wanted to continue business in
India. He readily agreed to meet the emission norms set by the Indian
Government.
 (a) Quoting the lines from the above para identify any two environmental
factors.
(b) Also state any two values which Ankit tried to communicate to the
Indian society.
17.Bigul Chaturvedi started a School bag business with his brother. Both were
very excited about the new venture. With meticulous planning and a lot of
hard work they were able to sell 1,000 bags in the first year. But they did not
earn any profit. Both were happy because they were not at loss and revenue
generated was equal to the cost. Now they were moving towards earning
profit in the second year.
(a) Identify the component of financial plan discussed above.
(b) By giving any four points state how this component is useful for the
entrepreneur. (3)
18.State the factors that an entrepreneur has to take into consideration while
assessing the market. ( 4)
19.An entrepreneur undertakes the “process” of monitoring the economic and
non-economic environment, to understand the opportunities and threats to an
organization. Such a Process involves data collection, information
processing and forecasting to provide a rational basis for developing goals
and strategies for business survival and growth.
a) Identify the process mentioned in the above paragraph?
b) What are the sources from which information is collected for this
process? (4)
20.“It is something that sets up a conflict and forces you to find a solution”.
Identify the concept.
Explain any three objectives of the above identified concept.
Mention any two uses of the above identified concept. (4)
21.List any six factors that may affect the selection of a form of business
enterprise (4)
22.Naveen has just completed his B.Tech. And wants to start his own business,
he knew that the demand for electricity in India was increasing day by day.
Whereas its generation was not sufficient. Naveen shared his views with
some of his friends and they all decided to start the business of electricity
generation. They experimented various methods and ultimately succeeded in
electricity generation through garbage. They all were happy as India is also
facing the problem of garbage disposal.
(a) Identify and explain the source of ‘idea-field’ from where the idea had
been generated by Naveen and his friends.
(b) Also explain two other sources of Idea-fields with the help of example.
23.Kapish an unemployed graduate got training for automobile repairing and
allied services under PMKVY (Pradhan Mantri Kaushal Vikas Yojana) for
skill development .He is planning to start a digital workshop for which he
needs ₹25 lacs. Though through UDRA (Micro Units Development and
Refinance Agency) he is able to get a loan of ₹10lacs but still he is falling
short of 15 lacs. He wants to pitch in his idea to potential investors through
his business plan. Explain the different formats in which he can
Present his business plan for his start-up. (6)

24.Sheila has a degree in robotics and she loves to design products. She started
her career in ‘Robotech’ which uses high end technology in all their
products. Her job profile included travelling a lot also. Whenever she
travelled she noticed that disabled people have difficulty in maneuvering
their wheelchair from one place to another because in some places ramp is
not provided and there is no way they can walk up the stairs. She came up
with an idea of a wheelchair which can be used on stairs easily. She decided
to quit her job and start her own company. She realized that her idea was the
first stage in the process of innovation. Identify the concept and explain the
steps in its process. (6)

 ENTREPRENURSHIP PROJECT-PREPARE A BUSINESS PLAN