NIOS Class 10 Entrepreneurship Chapter 9 Successful Entrepreneurs

NIOS Class 10 Entrepreneurship Chapter 9 Successful Entrepreneurs Solutions to each chapter is provided in the list so that you can easily browse through different chapters NIOS Class 10 Entrepreneurship Chapter 9 Successful Entrepreneurs and select need one. NIOS Class 10 Entrepreneurship Chapter 9 Successful Entrepreneurs Question Answers Download PDF. NIOS Study Material of Class 10 Entrepreneurship Notes Paper 249.

NIOS Class 10 Entrepreneurship Chapter 9 Successful Entrepreneurs

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Also, you can read the NIOS book online in these sections Solutions by Expert Teachers as per National Institute of Open Schooling (NIOS) Book guidelines. These solutions are part of NIOS All Subject Solutions. Here we have given NIOS Class 10 Entrepreneurship Chapter 9 Successful Entrepreneurs, NIOS Secondary Course Entrepreneurship Solutions for All Chapters, You can practice these here.

Successful Entrepreneurs

Chapter: 9

Intext Questions 9.1

1. State whether the following statements are true or false. 

(i) Successful entrepreneurs are open-minded. 

Ans: True.

(ii) Successful entrepreneurs do not accept the status quo. 

Ans: True.

(iii) Listening to others is not a habit of successful entrepreneurs. 

Ans: False.

(iv) Successful entrepreneurs are creative.

Ans: True.

Intext Questions 9.2

Match the following: 

Ans: 

Intext Questions 9.3

I. Fill in the blanks: 

(i) ___________________, a fridge made out of clay, does not require electricity. 

Ans: Mitticool.

(ii) Kong Kara prepared _______________ which were liked by her kids and relatives. 

Ans: Pickles.

II. State whether the given statements are true or false: 

(i) Kong Kara set up her own processing unit known as Kara’s Fresh Foods. 

Ans: True.

(ii) Mitticool is a non-stick earthen tava invented by Mansukh bhai Prajapati. 

Ans: False.

(iii) Chetna Gala Sinha worked relentlessly for various social causes.

Ans: True. 

1. Describe any five characteristics of successful entrepreneurs.

Ans: The five characteristics of successful entrepreneurs are:

(i) Self-Motivated: Entrepreneurs are highly motivated by the need for achievement. This drives them to work hard to achieve the goals set by them. They are firm on the success of their project and are not affected by what others think about their ideas and actions. 

(ii) Creative: Entrepreneurs think creative. This enables them to find opportunities in situations which may appear to be ordinary to others. They venture into uncharted territory and take on projects for which they have a unique solution for the identified area. 

(iii) Non-Acceptance of Status Quo: Successful entrepreneurs do not accept the status quo or the existing state of affairs. They feel the urge to work towards bringing about change rather than just observing problems silently or complaining about them. They believe in finding solutions for problems. 

(iv) Persistence with Passion: Entrepreneurs possess high levels of self-confidence and are highly optimistic. Once a problem or a task has been identified, they work persistently using their skills and ideas to achieve the desired result and see the successful implementation of the same. They are able to impress others about the usefulness of the project or product. Their passion motivates them to work hard and put in their best. 

(v) Open Minded: Entrepreneurs are open minded and realise that opportunities may lie in any event or situation and those ideas are constantly being generated. They have the ability to look at everything around them and use them to achieve their goals. 

2. How did Chetna Gala Sinha help village women? 

Ans: In 1987, when Chetna Gala Sinha arrived in her husband’s village, she had no idea that there was no toilet in the house. The next morning, she was asked to go to the fields behind the house and carry a stick to shoo away pigs following her. She decided then that there was a need to change a few things in the village. She actively started petitioning for toilets and electricity in the village. She continued working relentlessly for various social causes.  

Later, some women approached Sinha for help. They wanted to open a savings account, but they were refused by the bank because of their low savings. She decided to help them set up a cooperative bank. But the RBI rejected the proposal as the women were illiterate. Six months later, they accompanied Sinha and met the RBI officials in Delhi, and were able to convince the officials that they could calculate interest orally.  Thus, the cooperative was sanctioned and Mann Deshi Mahila Sahakari Bank, India’s first bank for and by rural women, was born in 1997.

Sinha also established a sister organisation, Mann Deshi Foundation, which is a platform in western Maharashtra for community initiatives like organising cattle camps, building check dams, running a local radio station and sports talent hunts. Along with providing access to finance, it also imparts financial and business literacy through its business school. Women are taught about savings, investments, insurances and loans through modules that comprise games like Monopoly. Vocational courses train rural women in setting up businesses and in running and scaling them up. Women are also taught how to run a fast food centre, a home bakery, to rear cattle, apply mehendi and other skills. Mann Deshi, in partnership with the Nimbkar Agricultural Research Institute in Phaltan, Maharashtra trains women in vaccination and artificial insemination of goats, which was till then a male-dominated vocation. Village women who want to start a business are often not supported by their families. So, at Mann Deshi, they are provided a supportive structure that instils courage and confidence in them to succeed. Community radio is used to share inspiring stories of women entrepreneurs so as to encourage families to support more women.Sinha’s five ingredients to a winning attitude are: passion, patience, persistence, listening and humility. 

3. What motivated Santosh Otswal to do something related to water and irrigation? 

Ans: Santosh Otswal, one of the founding members of Lijjat Papad, was motivated to do something related to water and irrigation due to the prevalent agricultural challenges faced by farmers in India, particularly related to water scarcity and irrigation. These challenges often hindered agricultural productivity and the livelihoods of farmers, especially in rural areas.

Motivated by a desire to address these challenges and make a positive impact on the lives of farmers, Santosh Otswal likely saw the potential for innovative solutions in the field of water and irrigation. By focusing on water management techniques and irrigation systems, he aimed to help farmers improve crop yields, conserve water resources, and enhance agricultural sustainability.

4. Discuss the success story of Masukh bhai Prajapati.

Ans: Mansukh bhai, a traditional clay craftsman, known for his incredible environment- friendly and pocket-friendly innovations, transformed traditional clay items into an innovative range of products fondly known as Mitticool.

He got his company registered in 1990, and in 1995 he got a bulk export order for water filters from Nairobi, Kenya. Subsequently, he got his TradeMark ‘Mitticool’ registered in 2001. In the tragic earthquake of 2001, Mansukh bhai suffered huge irreparable loss. Most of his stock was wiped off, and whatever remained was distributed among the earthquake victims in Kutch. In February 2001, the caption ‘Garibi Ka Fridge Tut Gaya’ (Fridge of the Poor got broken) in Sandesh Gujarat Daily showed a broken water filter which was made by Mansukhbhai. This incident inspired him to work hard and create a fridge for the rural masses. In 2002, he started working with GIAN (Grassroots Innovation Augmentation Network), which supported him in product development. 

Mitticool preserves the original taste of fruits and vegetables, does not require electricity and works on the same principle of cooling as that of earthen pots and therefore has no periodical costs. Conference organised by the Centre for India and Global Business, Judge Business School, University of Cambridge, UK has also displayed Mitticool in May 2009. Mansukhbhai has also set up a company and an online retail portal with the support of GIAN in 2008 (www.mitticool.in). Mansukhbhai in consultation with NIF-India, manufactured earthen thermos flasks of 1 and 2 litres capacity. He also collaborated with Future Group with the assistance of GIAN & NIF-India and his products are being sold at various outlets of Big Bazaar.

5. What lesson did you learn from the case study of Lijjat papad?

Ans: Lijjat Papad is a renowned Indian women’s cooperative involved in the manufacturing of papads. Lijjat Papad demonstrates the power of women coming together to create economic opportunities. By forming a cooperative, women are empowered to work collectively, share resources, and collectively benefit from the fruits of their labor. Lijjat Papad’s commitment to quality has been crucial to its success. They have maintained high standards in their production processes, ensuring that their products meet customer expectations. This dedication to quality has helped them build a strong reputation and a loyal customer base.Lijjat Papad’s success has had a positive impact on the communities it serves. They have shown resilience, innovation, and adaptability in their journey from humble beginnings to becoming a significant player in the food industry. The cooperative model of Lijjat Papad promotes ethical business practices. The importance of collaboration, quality, ethics, entrepreneurship, and community impact in achieving sustainable business success.  

6. Describe Radhambika’s vision.

Ans: Radhambika’s  vision is to be one among India’s leading avionics product manufacturing organisations through teamwork, experience, performance, personal attention and compliance of international standards. The company has plans to expand business to meet the expected increase in demand for avionics production. Suvavasu has had a long, fruitful and successful association with their clients. Along with ISRO, they have been supplying precision electronic products to clients like Godrej, HCL and IndusTeqsite. More than 750 women, some physically challenged and some from deprived families have also been trained at Sivakasi to become qualified professionals. Many have built their homes and lives from here and some have moved on to start their own entrepreneurial ventures.