Session 2: Barriers to Entrepreneurship
Unit 4: Entrepreneurship Skills
Textual Question-Answers
Check Your Progress
A. Match the situations in the columns to the meaning of the word.
Situations
(a) Gauri has started a fashion designing store, where she sells clothes.
(b) Akshay wants to start more classes in his school but is finding it difficult
to hire teachers.
(c) Shubham has a business of selling groceries. He wants to open a storethat sells everything from clothes to shoes to bags, along with groceries.
Word
(i) Barrier
(ii) Risk
(iii) Venture
Ans:
(a) – (iii) Venture
(b) – (i) Barrier
(c) – (ii) Risk
B. Multiple choice questions
Identify and put a tick mark (—’) against the type of barrier ineach situation.
1. Mary believes that she will not have the ability to work with ateam when she starts her business. The barrier she is facing is…………….. (a) getting capital
(b) self-doubt
(c) risk taking
Ans: (b) self-doubt
2. Sayed knows what business he wants to do but does not knowwhat steps he has to take to get it running. The barrier stopping him is………………. (a) building the right team
(b) lack of plan
(c) risk taking
Ans: (b) lack of plan
3. Harish has a rug business in India. He wants to start exportingrugs to Canada but does not know if they would sell there. The barrierhe is facing is ……………..
(a) self-doubt
(b) lack of plan
(c) selecting the right business idea
Ans: (c) selecting the right business idea.
