We’ve covered the following chapters from CBSE class 11 entrepreneurship subject. If you are looking for easy notes on CBSE class 11 entrepreneurship, this is the right place.
1.Entrepreneurship Concept and Functions: At the end of this chapter/unit, the students will be able to
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Understand the concept of Entrepreneurship
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Explain the functions of Entrepreneurship
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Appreciate the need for Entrepreneurship in our economy
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State the myths, advantages and disadvantages of Entrepreneurship
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Describe the process of Entrepreneurship
2.An Entrepreneur: At the end of this chapter/unit, the students will be able to
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Differentiate between various types of entrepreneurs
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Explain the competencies of an Entrepreneur
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Understand the meaning of Ethical Entrepreneurship
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Appreciate the importance of Ethical Entrepreneurship
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Highlight the value of ethics to an entrepreneur
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Understand the values, attitudes and motivation required by an Entrepreneur
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Differentiate between Entrepreneur and an employee
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State the meaning and describe the importance of Intrapreneurship in an organisation
3.Entrepreneurial Journey: At the end of this chapter/unit, the students will be able to
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Understand the concept of Business Plan
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Identify various personality types for starting any venture
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Understand the role of society and family in the growth of an Entrepreneur
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Differentiate between Feasibility Study and Business Plan
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Understand the reasons for success and failure of Business Plan
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Understand the organisation and direction of activities in a business venture
4.Entrepreneurship as Innovation and Problem Solving: At the end of this chapter/unit, the students will be able to
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Understand the role of entrepreneurs as problem solvers in society
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Appreciate the role of innovations in entrepreneurial ventures
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Explain the concept and importance of social entrepreneurship
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State the meaning of entrepreneurial risk and risk management
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Differentiate between internal and external risk
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Describe the role played by technology in creation of new forms of business
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Explain the different barriers of entrepreneurship
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Identify the various support structure available for promoting entrepreneurship
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Understand the term Business Incubator
5.Concept of Market: At the end of this chapter/unit, the students will be able to
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Understand the concept of market and its evolution over the time.
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Understand the meaning and concept E-Business and E-Commerce and its role in the modern day business community.
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Analyze the Market Environment at Micro and Macro Level.
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Explain the techniques of Market Research and the instruments used in the same and appreciate the role of Market Survey as a source of collecting market information.
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Understand the strategy of market expansion and development.
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Understand the elements of trade and commerce.
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Explain the concept of marketing mix and the four Ps of marketing.
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Understand the concept, role and importance of Price.
For simplicity, the solutions to the questions in this chapter/unit are provided under the following sub-units.
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6.Business Finance and Arithmetic: At the end of this chapter/unit, the students will be able to
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Understand the importance and technique of preparing a Cash Register.
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Understand the meaning and concept of the term Cash Inflow and Cash Outflow.
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Understand the concept of COST and its components- Start-up, Fixed and Variable Costs.
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Explain the terms- Unit Cost, Unit of Sale, Unit Price.
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Calculate Per Unit Cost of a single product.
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Explain the concept of Profit, its calculation and the impact of direct and indirect expenses on the profit.
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Understand the importance and preparation of Income Statement.
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Appreciate the importance of Cash Flow Projections in the smooth flow of finances in the business.
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Understand the concept of Break Even Analysis.
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Understand the meaning and importance of Taxes.
7.Resource Mobilization: At the end of this chapter/unit, the students will be able to
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Identify the different types of resources
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Understand the selection process of human resources
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Describe the role and importance of a mentor
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State the meaning of fixed and working capital
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Explain the factors of affecting working capital
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Describe the meaning of capital structure
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Explain the different sources of finance
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Understand the concept of mentorship
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Highlight the role and importance of mentor
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Classify the business and industry
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Identify the various sources for an entrepreneur
For simplicity, the solutions to the questions in this chapter/unit are provided under the following sub-units.
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