ENTREPRENEURSHIP, Exams of Entrepreneurship

The idea of this course is to create “job providers rather than job seekers”. Objectives: • To develop Entrepreneurial mindset among Higher Secondary School ...

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ENTREPRENEURSHIP
(CODE NO. 066)
CLASS XI-XII (2021-22)
Term-Wise Curriculum
Rationale
School curriculum is a dynamic process. It continuously evolves itself reflecting the needs and
aspirations of learners. In recent times, our society is influenced by knowledge creation and
technological advancements. Competencies affecting Innovation and creativity have become
important in all walks of life, including business context. This makes entrepreneurship education
even more important for enhancing quality of life.
Entrepreneurship plays an influential role in the economic growth and development of the
country. As the world economy is changing so is the dynamism of the business world. The aim
of this course is to instill and kindle the spirit of Entrepreneurship amongst students. The idea of
this course is to create “job providers rather than job seekers”.
Objectives:
To develop Entrepreneurial mindset among Higher Secondary School children.
To encourage school children to opt for self-employment as a viable option for earning
dignified means of living.
To enable students to appreciate the dynamic changes happening in the economy.
To acquaint the students about the role of Entrepreneurship in the growth and economic
development of the nation.
To promote Entrepreneurship as life-skills to improve quality of life, skills of creation and
management of entrepreneurial pursuits.
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ENTREPRENEURSHIP

(CODE NO. 066)

CLASS XI-XII (2021-22)

Term-Wise Curriculum

Rationale

School curriculum is a dynamic process. It continuously evolves itself reflecting the needs and

aspirations of learners. In recent times, our society is influenced by knowledge creation and

technological advancements. Competencies affecting Innovation and creativity have become

important in all walks of life, including business context. This makes entrepreneurship education

even more important for enhancing quality of life.

Entrepreneurship plays an influential role in the economic growth and development of the

country. As the world economy is changing so is the dynamism of the business world. The aim

of this course is to instill and kindle the spirit of Entrepreneurship amongst students. The idea of

this course is to create “job providers rather than job seekers”.

Objectives:

 To develop Entrepreneurial mindset among Higher Secondary School children.

 To encourage school children to opt for self-employment as a viable option for earning

dignified means of living.

 To enable students to appreciate the dynamic changes happening in the economy.

 To acquaint the students about the role of Entrepreneurship in the growth and economic

development of the nation.

 To promote Entrepreneurship as life-skills to improve quality of life, skills of creation and

management of entrepreneurial pursuits.

COURSE STRUCTURE

CLASS–XI (2021-22)

S. No. Unit No. of

Periods

Marks

Term 1

Unit 1 Entrepreneurship: Concept and Functions 15 15

Unit 2 An Entrepreneur 25

Unit 3 Entrepreneurial Journey 30

Unit 4 Entrepreneurship as Innovation and

Problem Solving

PROJECT WORK (Part 1) 20 15

Term 2

Unit 5 Understanding the Market 40 15

Unit 6 Business Finance and Arithmetic 30

Unit 7 Resource Mobilization 30

PROJECT WORK (Part 2) 20 15

Total 240 100

Students would prepare only ONE project in the entire academic session, which is divided into

2 terms i.e. Term I and Term II.

Unit 3: Entrepreneurship Journey 30 Periods

Competencies:

Scanning the environment; Information seeking; creativity; Innovativeness;

divergent thinking; Perseverance

Contents Learning Outcomes

 Idea generation.

 Feasibility Study and opportunity

assessment

 Business Plan: meaning, purpose and

elements

 Execution of Business Plan

After going through this unit, the student/

learner would be able to:

 Understanding ways of idea generation.

 Discuss the concept of types of

feasibility study

 Draft a basic business plan

 Understand the reasons for success and

failure of business plan

Unit 4: Entrepreneurship as Innovation and Problem Solving 30 Periods

Competencies: Risk taking; Determination; Initiative; problem solving ability;

Adaptability to changing technologies

Contents Learning Outcomes

 Entrepreneurs as problem solvers

 Innovations and Entrepreneurial

Ventures – Global and Indian

 Role of Technology – E-commerce and

Social Media

 Social Entrepreneurship - Concept

After going through this unit, the student/

learner would be able to:

 Understand the role of entrepreneurs as

problem solvers

 Appreciate the role of global and Indian

innovations in entrepreneurial ventures

 Understand the use of technology and

digitization for new businesses.

 Discuss the concept of

social entrepreneurship

TERM 2 - (35 Marks)

Unit 5: Understanding the Market 40 Periods

Competencies: Task oriented, Opportunity seeking, resourcefulness, organizational

skills, Analytical and logical reasoning

Contents Learning Outcomes

 Market; Concept, Types

 Micro and Macro Market Environment

 Market Research - Concept,

Importance and Process

 Marketing Mix

After going through this unit, the student/

learner would be able to:

 Scan the market environment

 Learn how to conduct market research

 Understand the elements of marketing

mix

Unit 6: Business Finance and Arithmetic 30 Periods

Competencies: Arithmetic skills, critical analysis, decision making, self-confidence,

problem solving.

Contents Learning Outcomes

 Unit of Sale, Unit Price and Unit Cost - for

single product or service

 Types of Costs - Start up, Variable and

Fixed

 Break Even Analysis - for single

product or service

After going through this unit, the student/

learner would be able to:

 Discuss- Unit Cost, Unit of Sale, Unit

Price of a product or service

 Understand the components of COST -

Start-up and operational costs

 Calculate break even of single product

and service

Unit 7: Resource Mobilization 30 Periods

Competencies: Resourcefulness; Collaboration; Managing Risk; Organizational Skills;

Informed Decision Making

Contents Learning Outcomes

 Types of Resources –Physical, Human,

Financial and Intangible.

 Selection and utilization of human

resources and professionals like

Accountants, Lawyers, Auditors, Board

Members, etc.

After going through this unit, the student/

learner would be able to:

 Identify the different types of resources

tools – Physical and material, Human,

Financial, Intangibles

  1. Steps involved in the conduct of the project:

Students may work upon the following lines as a suggested flow chart:

Choose a title/topic

Collection of the research material/data

Organization of material/data

Present material/data

Analysing the material/data for conclusion

Draw the relevant conclusion

Presentation of the Project Work

 The project work can be in the form of Power Point Presentation/Exhibition/Skit

/albums/files/song and dance or culture show /story telling/debate/panel discussion, paper

presentation and so on. Any of these activities which are suitable to visually

impaired/differently-abled candidates can be performed as per the choice of the student.

  1. Expected Checklist for the Project Work:

 Introduction of topic/title

 Identifying the product/service/entrepreneur

 Identify the State handicraft

 Various stakeholders and effect on each of them

 Use of different tools for market assessment and it’s analysis

 Calculation of various costs involved in the selling process

 Validity, reliability, appropriateness and relevance of data used for research work and for

presentation in the project file

 Presentation and writing that is succinct and coherent in project file

 Citation of the materials referred to, in the file in footnotes, resources section, bibliography

etc.

  1. Term-Wise Assessment of Project Work:

 Project Work has broadly the following phases: Synopsis/ Initiation, Data Collection, Data

Analysis and Interpretation, Conclusion.

 The aspects of the project work to be covered by students to be assessed during the two

terms.

30 marks assigned for Project Work is divided into 2 terms in the following manner:

TERM-I PROJECT WORK (Part 1): 15 Marks

The teacher will assess the progress of the project work in the term I in the following manner:

Month Periodic Work Assessment Rubrics Marks

July-

September

Instructions about Project

Guidelines, Background reading

Discussions on Theme and

Selection of the Final Topic,

Initiation/ Synopsis

Introduction, Statement of

Purpose/Need and Objective of

the Study, Hypothesis/Research

Question, Review of Literature,

Presentation of Evidence, Key

Words, Methodology,

Questionnaire, Data Collection.

October-

November

Planning and organisation:

forming an action plan, feasibility

or baseline study,

Updating/modifying the action

plan, Data Collection

Significance and relevance of the

topic; challenges encountered

while conducting the research.

October-

November

Mid-term Assessment by

internal examiner

TERM- II - PROJECT WORK (Part 2): 15 Marks

The teacher will assess the progress of the project work in the term II in the following manner:

  1. Viva-Voce

 At the end of the stipulated term, each learner will present the research work in the Project

File to the Internal examiner.

 The questions should be asked from the Research Work/ Project File of the learner.

 The Internal Examiner should ensure that the study submitted by the learner is his/her own

original work.

 In case of any doubt, authenticity should be checked and verified.

Guidelines to do the project is given in the textbook

Month Periodic Work Assessment Rubrics Marks

December

-January

Content/data analysis and

interpretation.

Conclusion, Limitations,

Suggestions, Bibliography,

Annexures and Overall

Presentation of the project.

Content analysis and its relevance in

the current scenario.

Conclusion, Limitations,

Bibliography, Annexures and Overall

Presentation.

January/

February

Final Assessment and VIVA

by Internal Examiner

Numerical assessment of BEP/EOQ

Internal Viva based on the project

TOTAL 15

 Sensing Entrepreneurial

Opportunities

 Environment Scanning

 Problem Identification

 Idea fields

 Spotting Trends

 Creativity and Innovation

 Selecting the Right Opportunity

After going through this unit, the student/ learner

would be able to:

 Comprehend the concept and elements of

business opportunity

 Discuss the process of sensing opportunities

 Understand the need to scan the environment

 Enlist the various forces affecting

business environment

 Identify the different idea field

 Understand the concept of opportunity and

market assessment

 Appreciate the ways in which trends can be

spotted

 Understand the process of creativity and

innovation

 Transform ideas into business opportunities

Unit 2: Entrepreneurial Planning 40 Periods

Competencies: Analytical and critical thinking; personal responsibility; determination;

Resourceful; collaboration

Contents Learning Outcomes

 Forms of business organization- Sole

proprietorship, Partnership, Company

 Business Plan: concept, format.

 Components:

Organisational plan;

Operational plan;

Production plan;

Financial plan;

Marketing plan;

Human Resource planning

After going through this unit, the student/ learner

would be able to:

 Recall the meaning of the various forms of

business organization

 Understand the characteristics of the various

forms of business organization

 Understand the difference between a Public and

Private Company

 Appreciate the reasons for a private company

being more desirable

 Appreciate the concept and importance of a

Business Plan

 Describe the various components of

Businessplan

 Differentiate among the various components of

Business plan

 Develop a Business Plan

Unit 5: Business Arithmetic 20 Periods

Competencies: Arithmetic skills, critical analysis, decision making, self-confidence, problem

solving.

Contents Learning Outcomes

 Unit of Sale, Unit Cost for multiple

products or services

 Break even Analysis for multiple

products or services

After going through this unit, the student/ learner

would be able to:

 Understand the concept of Unit Cost and Unit

Price

 Calculate Break-even point for Multiple products

and services.

Term 2 - 35 Marks

Unit 3: Enterprise Marketing 40Periods

Competencies: Persistence, Negotiation, Collaboration, Ethical behavior, team spirit;

Contents Learning Outcomes

 Marketing and Sales Strategy

 Branding, Logo, Tagline

 Promotion Strategy

After going through this unit, the student/ learner

would be able to:

 Discuss the various marketing strategies used in

a business

 Explain Marketing Mix.

 Understand the concept of Branding, Packaging

and Labeling

 Describe the various methods of Pricing

 Discuss the various factors affecting the

channels of distribution

 Understand the concept and types of sales

strategy

 Discuss different tools of promotion

 Appreciate the objectives and different modes of

Advertising

 Understand the concept of personal selling,

sales promotion, public relations

 Discuss the various techniques of sales

promotion

Unit 4: Enterprise Growth Strategies 20 Periods

Competencies: Need for achievement, Initiative, Analytical thinking, risk vs reward,

collaboration, synergy, leadership,

Contents Learning Outcomes

 Franchising: Concept, types, advantages,

limitations.

After going through this unit, the student/ learner

would be able to:

PROJECT WORK

Students have to do only ONE project in the entire academic session.

They have the option to choose any ONE project either Market Survey or Business plan.

  1. The objectives of the project work:

Objectives of project work are to enable learners to:

 probe deeper into personal enquiry,initiate action and reflect on knowledge and skills,

views etc. acquired during the course of class XI-XII.

 analyse and evaluate real world scenarios using theoretical constructs and arguments

 demonstrate the application of critical and creative thinking skills and abilities to produce

an independent and extended piece of work

 follow up aspects in which learners have interest

 develop the communication skills to argue logically

  1. Role of the teacher:

The teacher plays a critical role in developing thinking skills of the learners. A teacher

should:

 help each learner select the topic after detailed discussions and deliberations of the topic;

 play the role of a facilitator to support and monitor the project work of the learner through

periodic discussions;

 guide the research work in terms of sources for the relevant data;

 ensure that students must understand the relevance and usage of primary evidence and

other sources in their projects and duly acknowledge the same;

 ensure that the students are able to derive a conclusion from the content; cite the

limitations faced during the research and give appropriate references used in doing the

research work.

 educate learner about plagiarism and the importance of quoting the source of the

information to ensure authenticity of research work.

 prepare the learner for the presentation of the project work.

 arrange a presentation of the project file.

  1. Steps involved in the conduct of the project:

Students may work upon the following lines as a suggested flow chart:

Choose a title/topic

Collection of the research material/data

Organization of material/data

Present material/data

Analysing the material/data for conclusion

Draw the relevant conclusion

Presentation of the Project Work

 The project work can be in the form of Power Point Presentation/Exhibition/Skit

/albums/files/song and dance or culture show /story telling/debate/panel discussion, paper

presentation and so on. Any of these activities which are suitable to visually

impaired/differently-abled candidates can be performed as per the choice of the student.

  1. Expected Checklist for the Project Work:

 Introduction of topic/title

 Identifying the product/service

 Various stakeholders and effect on each of them

 Use of different tools for market assessment and it’s analysis

 Implication of 4P’s in the process of marketing

 Calculation of various costs involved in the business planning process

 Validity, reliability, appropriateness and relevance of data used for research work and for

presentation in the project file

 Presentation and writing that is succinct and coherent in project file

 Citation of the materials referred to, in the file in footnotes, resources section, bibliography

etc.

  1. Term-Wise Assessment of Project Work:

 Project Work has broadly the following phases: Synopsis/ Initiation, Data Collection, Data

Analysis and Interpretation, Conclusion.

 The aspects of the project work to be covered by students to be assessed during the two

terms.

30 marks assigned for Project Work is divided in to 2 terms in the following manner:

TERM-I PROJECT WORK (Part 1): 15 Marks

The teacher will assess the progress of the project work in the term I in the following manner:

Month Periodic Work Assessment Rubrics Marks

July-

September

Instructions about Project

Guidelines, Background reading

Discussions on Theme and

Selection of the Final Topic,

Initiation/ Synopsis

Introduction, Statement of

Purpose/Need and Objective of

the Study, Hypothesis/Research

Question, Review of Literature,

Presentation of Evidence, Key

Words, Methodology,

Questionnaire, Data Collection.

October-

November

Planning and organisation:

forming an action plan, feasibility

or baseline study,

Updating/modifying the action

plan, Data Collection

Significance and relevance of the

topic; challenges encountered

while conducting the research.

October-

November

Mid-term Assessment by

internal examiner