Information Technology

WHAT IS ENTREPRENEURSHIP?           An Entrepreneur is a person who is self-employed is willing to take a calculated risk and brings in a new idea to start a business.           Entrepreneurshipisdefinedas the act of starting and running your own business or a tendency to be creative and wish to work for yourself in your own ventures. An example of entrepreneurship is a person who is running his own business. Enterprise An enterprise is a project or undertaking that is bold and fulfills a need of the society which no one has ever addressed. ROLE OF ENTREPRENEURSHIP Economic Development —Money in Circulation-As entrepreneurs create value by making available better and cheaper products and services for customers, the economy grows. Social Development —Creation of Jobs-A business started by an entrepreneur is usually a very small business in the beginning. If it becomes successful and grows, the entrepreneur expands the business...

ENTREPRENEURAL SKILLS-II  QUESTION AND ANSWERS Multiple-Choice Questions (MCQs) 1. Which of the following is not a commercial  entrepreneur function? a. Production and operations b. Finance and accounting c. Marketing d. Leadership Ans. d 2. Which of the following are functions of  entrepreneurs? a. Entrepreneurial functions b. Promotional functions c. Commercial functions d. All of these Ans. d 3. There are four factors of production. Which one  factor controls the other three? a. Land b. Labor c. Entrepreneur d. Capital Ans. c 4. Which of the following is not a type of  entrepreneurship? a. Women entrepreneurship b. Large Scale entrepreneurship c. Small scale entrepreneurship d. Serial entrepreneurship Ans. b 5. Mr. Abhinav has started an organization that  works for the cause of sanitation.      What kind of an entrepreneur is Abhinav? a. Agricultural entrepreneur b. Social entrepreneur c. Small-scale entrepreneur d. Serial entrepreneur An...

ARTIFICIAL INTELLIGENCE Artificial Intelligence (AI) is a branch of Science which deals with helping machines find solutions to complex problems in a more human-like fashion. This generally involves borrowing characteristics from human intelligence and applying them as algorithms in a computer-friendly way. A more or less flexible or efficient approach can be taken depending on the requirements established, which influences how artificial the intelligent behavior appears  Artificial intelligence can be viewed from a variety of perspectives.  From the perspective of intelligence, artificial intelligence is making machines "intelligent" -- acting as we would expect people to act. The inability to distinguish computer responses from human responses is called the Turing test. Intelligence requires knowledge Expert problem solving - restricting the domain to allow including significant relevant knowledge From a business perspective, AI is a set of very powerful tools and methodolo...

  GREEN SKILLS - II Society and Environment Over the years, with economic development, there  has been an increase in environmental pollution.  For example, with the introduction of high input  agriculture, we can grow more food by using fertilisers,  pesticides and hybrid crops. But it has led to soil and  environmental degradation. We need to plan the use of  resources in a sustainable manner so that we and our  future generations can enjoy a good environment. What is Sustainable Development? Sustainable development is the development that  satisfies the needs of the present without compromising  the capacity of future generations, guaranteeing  the balance between economic growth, care for the  environment and social well-being. Importance of Sustainable Development Sustainable development is defined as ‘development  that meets the needs of the present without  compromising the ability of future generations to meet...

  ENTREPRENEURAL SKILLS - II   Entrepreneur-: A person who sets up a business or businesses, taking on financial risks in the hope of profit. or A promoter in the entertainment industry. or An entrepreneur is a person who sets up a business with the aim to make a profit. or Entrepreneurship is the process of designing, launching, and running a new business, which is often initially a small business. The people who create these businesses are called entrepreneurs. or An entrepreneur is a person who sees a problem in the world and immediately focuses on creating the solution. They’re the leaders that strike out on their own to improve society. Whether they’re creating jobs or a new product, they constantly take action to ensure world progress. Entrepreneur Skills-: There are many skills required to start a business. The most popular entrepreneur skills are marketing, business development, customer service, leadership, execution, resilience, focus, determination, talent...