Commerce · Class 12 Commerce
Ch 2Entrepreneurship — Class 12 Commerce, concept-first.
The earlier chapter on the Entrepreneur looked at the person who starts and runs a new venture. This chapter looks at entrepreneurship itself -- the process that a person goes through, not the person doing it.
Key concepts
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Meaning and Process of Entrepreneurship
Entrepreneurship is the dynamic process of identifying a business opportunity, mobilising resources, and organising a new venture to exploit that opportunity, while bearing the associated risks -- distinct from the entre…
Most relevant Q&A
Chapter contents
The NCERT structure, section by section. Open a section to see its questions, then read the concept-first solution.
Meaning and Concept of Entrepreneurship
The earlier chapter on the Entrepreneur looked at the person who starts and runs a new venture. This chapter looks at entrepreneurship itself -- the process that a person goes through, not the person…
Process of Entrepreneurship
Because entrepreneurship is a process rather than a single event, it can be broken down into a sequence of stages.
Role of Entrepreneurship in Economic Development
Entrepreneurship is widely treated, in the AP Inter II year Commerce course, as one of the key drivers of a country's economic development, alongside land, labour, and capital.
Start-ups: Concept and Registration
A start-up is a young, newly established business, typically built around an innovative idea, a new technology, or a scalable business model, with the potential for rapid growth, high-value job creati…
Funding of Start-ups
Raising adequate finance at the right stage is one of the most difficult parts of the entrepreneurial process, and a start-up typically draws on a sequence of sources as it grows, each suited to a dif…
Startup India
Startup India is a flagship initiative of the Government of India, launched on 16 January 2016 and administered by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Comm…
Women Entrepreneurship
Women entrepreneurship refers to the process by which women identify business opportunities, mobilise resources, and organise and manage enterprises of their own, accepting the risks and rewards invol…
Sample & Board Papers
Sample papers and previous-year board questions for this subject.
More questions
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- Q8Explain the role of entrepreneurship in the economic development of a country.Free
- Q9Explain the various sources and stages of funding available to start-ups.Free
- Q10Explain the concept of a start-up and the procedure for obtaining DPIIT recognition.Preview
- Q11Discuss the problems faced by women entrepreneurs and the measures taken by the Government to promote women entrepreneurship.Preview