CBSE Class 11 Entrepreneurship Chapter 2: Textbook Questions Solved

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NCERT Solutions PDF Class 11 PDF

CBSE Class 11 Entrepreneurship Chapter 2 NCERT Solutions introduces the foundational elements of entrepreneurship. This chapter explores the concept of an intrapreneur, distinguishing them from traditional entrepreneurs, and examines the driving forces behind entrepreneurial motivation. It highlights the critical role of entrepreneurial competencies and the importance of core values such as respect for work and a commitment to innovation in shaping a successful entrepreneurial career. Furthermore, the solutions categorize various types of entrepreneurs and discuss the pervasive influence of entrepreneurial attitudes. These explanations are crafted to provide students with a clear and comprehensive understanding of the chapter's key principles, supported by relevant examples to enhance learning and exam readiness.

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Quick info

BoardCBSE
ClassClass 11
SubjectEntrepreneurship
Session2026
LanguageEnglish
TypeNCERT Solutions
ChapterChapter 2

Chapter summary

Chapter 2 of the CBSE Class 11 Entrepreneurship textbook solutions focuses on foundational entrepreneurial concepts. It clarifies the roles of intrapreneurs, defines entrepreneurial motivation, and explains the importance of competencies. The chapter also highlights core values such as respect for work and innovation, alongside different entrepreneurial types and the nature of attitudes. These solutions provide clear, concise answers to textbook questions, aiding students in understanding the essential building blocks of entrepreneurship.

Learning outcomes

  • Understand the definition and role of an intrapreneur within an organization.
  • Define and explain the concept of entrepreneurial motivation.
  • Identify and explain the importance of competencies for entrepreneurs.
  • Recognize the significance of core values like respect for work and innovation.
  • Differentiate between various types of entrepreneurs.
  • Explain the characteristics and impact of entrepreneurial attitudes.

Topics covered

Paper topics

  • Intrapreneurship
  • Entrepreneurial Motivation
  • Competency
  • Core Values
  • Respect for Work
  • Innovation and Creativity
  • Types of Entrepreneurs
  • Attitudes
  • Fabian Entrepreneurs
  • Innovative Entrepreneurs
  • Industrial Entrepreneurs
  • Socialization

Important topics

  • Intrapreneurship definition and importance
  • Entrepreneurial Motivation: definition and role
  • Core Values: Respect for Work and Innovation
  • Characteristics of different entrepreneur types
  • The nature and impact of attitudes

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Questions and Solutions

Question 1

Answer the following questions in about 15 words:
  1. Who is an Intrapreneur?
  2. Define Entrepreneurial Motivation.
  3. What do you mean by competency?
  4. Which value provides goal direction to entrepreneurs?
  5. State one crucial feature of Fabian entrepreneurs?
  6. 'Hero Motocorp manufactures two wheelers and provide services.' This is an example of which type of entrepreneur?
  7. "They are highly ambitious and normally not satisfied by slow progress in their jobs." This applies for which entrepreneurs?
  8. "When it wanes, as it surely will in difficult times, take some guilt time." This statement shows which attitude of an entrepreneur?
Solution:
  1. An intrapreneur is an individual who works within a large company, utilizing entrepreneurial skills to manage projects or develop new products, often without incurring the personal risks associated with independent entrepreneurship. They act as entrepreneurs within the corporate structure.
  2. Entrepreneurial motivation is the internal drive or force that activates entrepreneurs, influencing the intensity, direction, and persistence of their voluntary behavior towards achieving their goals. It's the 'why' behind their actions.
  3. Competency refers to a specific set of defined behaviors that serve as a structured guide for identifying, evaluating, and developing an individual's capabilities and actions in a particular context.
  4. The value of 'Respect for work' provides goal direction to entrepreneurs. This value encourages them to pursue their objectives with dedication, believing that hard work is key to achieving anything.
  5. One crucial feature of Fabian entrepreneurs is that they are very shy, lazy, and cautious, preferring to avoid taking risks or venturing into new areas.
  6. This is an example of an Industrial Entrepreneur, as Hero Motocorp is involved in manufacturing goods (two-wheelers) and providing related services.
  7. This description applies to Innovative Entrepreneurs, who are typically highly ambitious and driven, seeking continuous progress and often dissatisfied with slow advancements.
  8. This statement highlights the entrepreneur's attitude towards managing setbacks and maintaining resilience. It suggests an attitude of self-awareness and the ability to take responsibility and recover during difficult times.

Question 2

Answer the following in about 50 words:
  1. Why attitude is called pervasive?
  2. Explain any two features of attitude.
  3. Explain these core values:
    1. Respect for work
    2. Innovation and creativity.
  4. Name the types of entrepreneurs according to Danhof.
  5. What is the importance of an intrapreneur in an organisation?
  6. What is "Innovation time off" in an intrapreneurship program?
Solution:
  1. Attitude is called pervasive because attitudes are formed through socialization and can relate to virtually anything in the world, such as people, objects, or ideas. They are not limited to a specific domain.
  2. Two features of attitude are:
    1. Affects behavior: People tend to act in ways consistent with their attitudes. If an attitude is positive towards a task, the behavior is likely to be proactive, assuming no external barriers exist.
    2. It is invisible: Attitudes are psychological phenomena that cannot be directly observed. However, their presence can be inferred indirectly by observing their consequences or the resulting behavior, such as high productivity indicating a positive work attitude.
    1. Respect for work: This core value emphasizes the importance of hard work and dedication. Successful entrepreneurs often view work as worship and believe that significant achievements stem from diligent effort.
    2. Innovation and creativity: These are vital values where creativity is the ability to generate novel ideas or new ways of doing things, and innovativeness is the capacity to implement these ideas practically. For example, introducing products in convenient sachet packs is an innovation.
  4. According to Danhof, the types of entrepreneurs are:
    1. Innovators
    2. Imitators (or Adoptors)
    3. Fabians
    4. Drone
  5. An intrapreneur is important in an organization because they drive innovation, develop new products or services, and improve processes from within. They help the company stay competitive and adapt to market changes by bringing fresh ideas and entrepreneurial energy without the company bearing the full risk of a startup.
  6. "Innovation time off" in an intrapreneurship program refers to a designated period or allocated time that allows employees (intrapreneurs) to step away from their regular duties to focus on developing and exploring new ideas, projects, or innovations for the company.

Common mistakes

  • Confusing intrapreneurs with external entrepreneurs.
  • Underestimating the role of motivation in entrepreneurial success.
  • Not clearly distinguishing between creativity and innovation.
  • Failing to recognize the impact of attitudes on entrepreneurial behavior.

Revision tips

  • Focus on understanding the distinct roles of entrepreneurs and intrapreneurs.
  • Memorize the definitions of key terms like entrepreneurial motivation and competency.
  • Pay attention to the examples provided for innovation and creativity.
  • Review the different types of entrepreneurs and their characteristics.
  • Consider how core values influence an entrepreneur's actions and decisions.

Practice MCQs

Q1. Who is an intrapreneur?

Q2. What is the primary function of entrepreneurial motivation?

Q3. Which value is crucial for providing goal direction and encouraging hard work in entrepreneurs?

Q4. Fabian entrepreneurs are characterized by being:

Q5. What does 'Innovation time off' refer to in an intrapreneurship program?

Frequently asked questions

What is the difference between an entrepreneur and an intrapreneur?

An entrepreneur starts and runs their own business, taking on personal financial risks. An intrapreneur works within an existing organization, using entrepreneurial skills to develop new ideas or projects without the same level of personal financial risk.

Why is entrepreneurial motivation important?

Entrepreneurial motivation is crucial as it activates entrepreneurs, directing their efforts, intensity, and persistence towards achieving their goals and driving their business forward.

What are the key core values for entrepreneurs mentioned in Chapter 2?

Chapter 2 highlights 'Respect for work,' emphasizing hard work as a path to achievement, and 'Innovation and creativity,' which involves generating new ideas and implementing them effectively.

How are attitudes described in the context of entrepreneurship?

Attitudes are described as pervasive, meaning they can relate to anything and are learned through socialization. They influence behavior and can be inferred indirectly through observed consequences, like productivity.

What is the significance of competencies for an entrepreneur?

Competencies are defined behaviors that guide the identification, evaluation, and development of an individual's skills. They are essential for an entrepreneur to effectively navigate business challenges and achieve success.

How can these NCERT solutions help with exam revision?

These solutions provide rewritten, clear answers to textbook questions, helping students understand key concepts like intrapreneurship, motivation, and values. They offer concise explanations and examples, making revision more effective for exams.

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