CBSE Class 12 Entrepreneurship Entrepreneurial Opportunity Worksheet Set 01

Class 12 Entrepreneurship Practice Set: Entrepreneurial Opportunity

Access printable practice worksheets for Entrepreneurial Opportunity designed to align with the 2026-27 academic syllabus for Class 12 Entrepreneurship. These structured exercises help students evaluate their conceptual understanding and improve exam readiness.

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Multiple Choice Questions
 
1 The process of launching an enterprise begins with:
(a) Sensing an entrepreneurial opportunity    (b) Planning
(c) Achieving growth in future                       (d)Implementation
 
2 Which of the following is not included in Micro Environment?
(a)Customers     (b) Suppliers
(c)Social             (d) Intermediaries
 
3 The transformation of an idea or resources into useful application is called:
(a)Invention            (b) Innovation
(c)Manufacturing     (d)application
 
Fill in the Blanks:
 
4 The ability to foresee the emerging trends is called as----------
 
5 ----------------------is the first step in sensing opportunities.
 
6 The first step in the creative process is ‘Idea germination’. The next step is---------------
 
7 Apart from verbal information from the customers, wholesalers, retailers, distributors and consultants, state any other four sources of collecting information for scanning the environment.
 
8 Dristi Ltd. decided to manufacture mobile phones with a new feature. It will have an inbuilt button which when pressed will extend into a selfie stick enabling the customers to click selfies easily without the need to carry a separate selfie stick. Identify two PESTEL factors which enabled Dristi Ltd, to bring out this new feature.
 
9 Explain how the following factors affect idea and opportunity assessment?
(a) Application and use (b) Level of operation (c) Competition.
 
10 What is meant by problem identification? State its any four uses and also give an example.
 
11 Give any two points of distinction between ‘Basic Idea’ and ‘Post Scanning Idea’.
 
12 Briefly explain any four benefits of understanding the business environment relevant to an enterprise.
 
13 Dr. Charak retired as professor from department of Horticulture and Bio-tech Institute. He worked there for 30 years. During his stint with the institute, he came across many herbs that had healing medicinal properties but were untapped due to limited knowledge. A workaholic by nature, Dr. Charak decided to use his experience in preparing alternative healing powders for common ailments by mixing various herbs. His medicines will not have much any side effects and will be safe for consumption. He used tulsi, neem, ashwagandha, jatamansi, bhringraj and many such herbs for his preparation. His company was named ‘Aayu charak’. As the people are turning to natural and organic products, his products became a hit.
 
(i) Identify the idea field explored by Dr. Charak for his venture.
(ii) With the help of ‘Enterprise Process Diagram’ show how Dr. Charak converted his idea into a business venture.
(iii) Explain any two other idea field with example which can be a source for idea generation.
 
14 One of the keys to business success is to anticipate what the market will want or need. Since it is not possible for an entrepreneur to see into the future, there is one best way. The best way will help the entrepreneur to understand the market and produce goods or services accordingly.
 
(a) Identify the concept stated in the above lines
(b) Explain any three ways in which an entrepreneur can perform the activities related to concept identified.
 
15 Gunjan has just passed her senior secondary examination from a CBSE affiliated school. She wanted to start her own business but was unable to decide about the nature of the business. One day during the morning walk her grandfather fell down in the park and was injured. She observed that her grandfather often forgets to take his medicine. She thought that the same problem may be faced by other people. She thought to develop an instrument for old people that could be fitted with an electronic device connected to the mobile phones of the members of their family which could indicate the location of the old people when they go outside their homes. This device was to be kept in their pockets. She also thought to fit a timer in the instrument that could remind the old persons about the time of taking their medicines.
Identify and state the meaning of the concept described in the above para that helped Gunjan in structuring her idea for solving the problem.

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Entrepreneurial Opportunity Printable Worksheet for Class 12 Entrepreneurship

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FAQs

Where can I download the latest PDF for CBSE Class 12 Entrepreneurship Entrepreneurial Opportunity Worksheet Set 01?

You can download the teacher-verified PDF for CBSE Class 12 Entrepreneurship Entrepreneurial Opportunity Worksheet Set 01 from StudiesToday.com. These practice sheets for Class 12 Entrepreneurship are designed as per the latest CBSE academic session.

Are these Entrepreneurship Class 12 worksheets based on the 2026-27 competency-based pattern?

Yes, our CBSE Class 12 Entrepreneurship Entrepreneurial Opportunity Worksheet Set 01 includes a variety of questions like Case-based studies, Assertion-Reasoning, and MCQs as per the 50% competency-based weightage in the latest curriculum for Class 12.

Do you provide solved answers for CBSE Class 12 Entrepreneurship Entrepreneurial Opportunity Worksheet Set 01?

Yes, we have provided detailed solutions for CBSE Class 12 Entrepreneurship Entrepreneurial Opportunity Worksheet Set 01 to help Class 12 and follow the official CBSE marking scheme.

How does solving CBSE Class 12 Entrepreneurship Entrepreneurial Opportunity Worksheet Set 01 help in exam preparation?

Daily practice with these Entrepreneurship worksheets helps in identifying understanding gaps. It also improves question solving speed and ensures that Class 12 students get more marks in CBSE exams.

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