Class 9 Elective Travel Tourism & Hospitality Chapter 10 Entrepreneurship Skills

Class 9 Elective Travel Tourism & Hospitality Chapter 10 Entrepreneurship Skills Question Answer to each chapter is provided in the list so that you can easily browse throughout different chapters SEBA Class 9 Elective Travel Tourism & Hospitality Chapter 10 Entrepreneurship Skills Notes PDF and select need one.

Class 9 Elective Travel Tourism & Hospitality Chapter 10 Entrepreneurship Skills

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Also, you can read the SCERT book online in these sections Solutions by Expert Teachers as per SCERT (CBSE) Book guidelines. Class 9 Elective Travel Tourism & Hospitality Chapter 10 Entrepreneurship Skills Notes These solutions are part of SCERT All Subject Solutions. Here we have given Assam Board Class 9 Elective Travel Tourism & Hospitality Chapter 10 Entrepreneurship Skills Solutions for All Subject, You can practice these here.

Entrepreneurship Skills

Chapter – 10

PART – II

A. Multiple choice questions:

Read the questions carefully and circle the letter (a), (b), (c) or (d) that best answers the question.

1. Business is a (an) ______activity.

(a) social.

(b) economic.

(c) hazardous.

(d) selling.

Ans: Business is an economic activity. 

2. What is the aim of entrepreneurship?

(a) Earn a profit.

(b) Solve customers’ need innovatively.

(c) Both of the above.

(d) None of the above.

And: (c) Both of the above.

C. Read the following statement and write “Yes” or “No” as to whether the person is an entrepreneur or not.

Ans:  

A. Short answer questions:

1. Identify qualities of the following entrepreneurs. Also write why you think this person has this quality or the qualities.

(a) Anil wanted to do something very different and something no one has thought of before. He decided to start a special travel services for old people/ senior citizens.

Ans: Qualities of Anil:

Creativity and innovation: Anil wanted to do something different and unique by starting a special travel service for senior citizens, catering to their specific needs.

Empathy: Anil likely empathised with the challenges faced by senior citizens when travelling and wanted to provide a solution tailored to their requirements.

(b) Rakesh loves playing outdoors. He used to spend his evenings with his friends, playing games. But, he had seen that many of his friends didn’t like playing outdoors because they didn’t feel safe. He decided to open a playground for children of all ages, with proper security. He found an unused playground, got permission to use it and asked his friends to help him clean it. He hired a security guard for the playground. He charged a small fee for people who wanted to play. Both parents and children liked his idea, and started playing there regularly. His business helped children who would not play outdoor before.

Ans: Qualities of Rakesh:

Problem-solving skills: Rakesh identified a problem – lack of safe outdoor play spaces for children – and came up with a solution by opening a playground with proper security measures.

Determination and resilience: Despite facing obstacles, such as finding a suitable location and dealing with regulations, Rakesh persisted and found ways to overcome them to establish his business.

Leadership: Rakesh took initiative by organising his friends to help clean the playground and hiring a security guard, demonstrating leadership qualities.

(c) Radhika was a cook in a small restaurant in her area. She made enough money to support her husband and children. She decided to start her own food stall to sell Punjabi food. She would make special parathas. A few days after starting her business, the police came and told her that she was not allowed to run her stall in the area. Radhika did not give up. She started a Tiffin service through which she would deliver fresh food to people.

Ans: Qualities of Radhika:

Adaptability: When faced with the setback of not being allowed to run her food stall, Radhika adapted to the situation and shifted her business model to start a Tiffin service, showcasing her ability to pivot and adjust to challenges.

Persistence: Despite encountering obstacles, Radhika did not give up but instead found an alternative way to continue her entrepreneurial journey.

Entrepreneurial spirit: Radhika demonstrated the initiative and drive to start her own business, transitioning from being a cook in a restaurant to an independent food entrepreneur.

2. Do you think you have the qualities of an entrepreneur in you? If yes, give examples when you have shown these qualities.

Ans: Yes, I believe I have some qualities of an entrepreneur. For example, I have demonstrated creativity and problem- solving skills by coming up with innovative solutions to challenges at work or in personal projects. Additionally, I have shown determination and resilience by persevering through setbacks and setbacks to achieve my goals.

3. Read the story of Sushma, the Toy Maker once again and fill in the boxes mentioning the various qualities that Sushma might have possessed as an entrepreneur.

Ans: Do it yourself. 

A. Fill in the blanks.

1. State whether the person engaged in the activity mentioned below is an Entrepreneur or an Employee.

(a) Rahul starts a shop to sell Chaat and special Paani Puri. He is an _______.

(b) Shahid becomes the manager of a dealership selling food products. He is an ____

(c) Ritu leaves the company she worked for and starts catering food for marriage programmes. She is an _______.

Ans: (a) Entrepreneur.

(b) Employee.

(c) Entrepreneur.

B. Short answer questions:

1. List any four characteristics of entrepreneurship.

Ans: Four characteristics of entrepreneurship are as follows:

(a) Ability to take up risks.

(b) Believe in hard work and discipline.

(c) Financial literacy and money management skills. 

(d) Effective planning and execution. 

2. List any two characteristics of wage employment.

Ans: Two characteristics of wage employment are given below:

(i) Wage employment involves working for someone else to earn money.

(ii) Wage employment does not involve too much risk compared to entrepreneurship.

3. Name any one factor that is common to both entrepreneurship and wage employment on contract basis.

Ans: The common factor between entrepreneurship and wage employment on a contract basis is “taking a certain amount of calculated risks.”

A. Fill in the blanks:

State the type of business-product, service or hybrid

1. Arun bakery, which makes and sells bread to people. ___________.

Ans: Product

2. Ram’s repair shop, which repairs motorcycle. ____________.

Ans: Service

3. Hari’s hair-salon, where he cuts hair for women and men. _____________.

Ans: Service

B. Short Answer Question:

1. What are the 3 types of business activities? Explain with examples.

Ans: The three types of business activities are:

(i) Product-based Business: Product-based Business involves the exchange of tangible goods between a seller and a buyer. 

Example: A Sports Shop.

(ii) Service-based Business: Service-based Business involves the seller helping the buyer to finish some work. 

Example: A cricket coaching center.

(iii) Hybrid Business: Hybrid Business Combines both selling products and providing services. Example: Rahul starting a sports academy for coaching and selling sports equipment, or restaurants where food is the product sold and catering is the service provided.

A. Fill in the blanks:

1. Write P- Product, S- Service and H- Hybrid for the following businesses.

(a) Ice-cream seller: _________.

Ans: P- Product.

(b) Restaurant/Cafeteria Owner: _________.

Ans: H- Hybrid.

(c) Car-driving School owner: _____________.

Ans: S- Service.

B. Short Answer Questions:

1. What are the key differences between product- and service-based businesses?

Ans: 

2. If you had a choice to start a business of your own, which business will you start (include in your reply the product or service that you would like to take up)? Why do you want to start this type of business? 

Ans: If I were to start a business, I would consider opening a community-focused café and bookstore. The café would offer a cozy atmosphere for people to relax, enjoy a cup of coffee or tea, and connect with friends or work on their projects. The bookstore section would feature a curated selection of books across various genres, including fiction, non-fiction, and local authors.

I’m drawn to this idea because it combines my love for literature, coffee, and creating welcoming spaces for people to gather and engage. A café and bookstore would not only provide a place for people to enjoy good food and drinks but also foster a sense of community by hosting events such as author readings, book clubs, and open mic nights.

Additionally, by incorporating sustainable and locally sourced ingredients in the café and supporting independent publishers and authors in the bookstore, I could align the business with values of environmental responsibility and community support. Overall, I believe such a business would have the potential to become a beloved gathering spot in the community while also being financially sustainable.

3. What is the meaning of manufacturing and trading based business? 

Ans: The meaning of manufacturing-based business is that the business produces its own products, typically in factories, and then sells them. In contrast, a trading-based business buys and sells products without being involved in the production process, focusing instead on distribution and sales activities.

A. Match the following:

Ans: 

B. Short Answer Questions:

1. My customers are not buying my food product because they do not like the flavour of it. What step of the business should I follow next?

Ans: If customers are not buying your food product because they do not like the flavour, the next step you should follow is to improve the flavour of your product based on their feedback. 

Here’s what you can do:

1. Gather feedback: Talk to your customers who have tried your product and ask them specifically what they didn’t like about the flavour. This will help you pinpoint the areas that need improvement.

2. Reformulate the product: Based on the feedback received, work on adjusting the recipe or ingredients to enhance the flavour of your food product. Consider experimenting with different flavor profiles or ingredients to find the right balance.

3. Conduct taste tests: Once you’ve reformulated the product, conduct taste tests with a sample group of your target customers to gather their feedback on the new flavor. This will help you ensure that the changes you’ve made are positively received.

4. Market the improved product: Once you’re confident in the new flavour of your product, relaunch it in the market, highlighting the improvements you’ve made based on customer feedback. Use marketing strategies to attract customers and encourage them to give your product another try.

By actively listening to customer feedback and continuously improving your product, you can increase its appeal and satisfaction among your target market.

2. Write the four steps of entrepreneurship development. Give one example. 

Ans: The four steps of entrepreneurship development are as follows:

(i) Idea.

(ii) Getting money and material.

(iii) Understanding customer needs.

(iv) Improving Product/service.

Extra MCQ Questions:

1. What is the definition of entrepreneurship? 

(a) Running a business without innovation.

(b) Developing a business plan without innovation.

(c) Launching and running a business using innovation to meet customer needs and make a profit.

(d) Launching a business without considering customer needs.

Ans: (c) Launching and running a business using innovation to meet customer needs and make a profit.

2. What is an enterprise? 

(a) A small business.

(b) A project or undertaking that is bold and fulfills a need of the society which no one has ever addressed.

(c) A project undertaken by a large corporation.

(d) A business plan.

Ans: (b) A project or undertaking that is bold and fulfills a need of the society which no one has ever addressed.

3. How does entrepreneurship contribute to economic development?

(a) By creating more jobs.

(b) By providing better and cheaper products and services.

(c) By expanding businesses.

(d) By increasing investors’ returns.

Ans: (b) By providing better and cheaper products and services.

4. What is the social development benefit of entrepreneurship?

(a) Creation of jobs.

(b) Increased standard of living.

(c) Improved quality of life.

(d) Expansion of businesses.

Ans: (a) Creation of jobs.

5. What distinguishes an entrepreneur from a traditional business person?

(a) The type of business they run.

(b) Their location.

(c) Their profit margin.

(d) Their work hours.

Ans: (a) The type of business they run.

6. What is the term for the excess earnings after deducting all expenses?

(a) Profit.

(b) Revenue.

(c) Investment.

(d) Cost.

Ans: (a) Profit.

7. What type of business activity involves the exchange of tangible items between a seller and buyer?

(a) Product business.

(b) Service business.

(c) Hybrid business.

(d) Manufacturing business.

Ans: (a) Product business.

8. What type of business activity involves a seller assisting the buyer to complete a task?

(a) Product business.

(b) Service business.

(c) Hybrid business.

(d) Trade business.

Ans: (b) Service business.

9. Which type of business involves both selling products and providing services?

(a) Product business.

(b) Service business.

(c) Hybrid business.

(d) Trade business.

Ans: (c) Hybrid business.

10. What distinguishes manufacturing businesses from trade businesses?

(a) Manufacturing businesses produce goods in factories, while trade businesses transport products from factories to warehouses.

(b) Manufacturing businesses involve buying and selling products, while trade businesses only produce goods.

(c) Manufacturing businesses involve making products, while trade businesses only buy and sell products.

(d) Manufacturing businesses focus on service delivery, while trade businesses focus on product development.

Ans: (c) Manufacturing businesses involve making products, while trade businesses only buy and sell products.

Short Answer Questions:

1. Define entrepreneurship. 

Ans: Entrepreneurship is the process of developing a business plan, launching, and running a business using innovation to meet customer needs and make a profit.

2. What distinguishes an entrepreneur from a self-employed person, according to the passage?

Ans: An entrepreneur is someone who is self-employed, willing to take a calculated risk, and brings in a new idea to start a business, whereas not all self-employed persons are entrepreneurs unless they introduce a new method or idea in the business.

3. Explain the difference between manufacturing businesses and trade businesses.

Ans: Manufacturing businesses produce goods in factories and sell them to customers. Trade businesses, on the other hand, involve buying and selling products, including transporting them from factories to warehouses and then to retail shops.