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The document contains a worksheet for grade 11 students on entrepreneurship concepts and functions. The process of running a business with a new idea or in a different approach that benefits the buyer or consumer is known as ____________. • Importance: It fosters innovation, creates jobs, and contributes to economic development. [1] It defines different types of entrepreneurs based on factors like business type, industry, gender, and more. Entrepreneurship is defined as identifying opportunities and investing Artham Resource CLASS –11 ENTREPRENEURSHIP NOTES CHAPTER-3 ENTREPRENEURIAL JOURNEY 1. Meaning of Resource Mobilization Must Check Playlist for Entrepreneurship: Concept and Functions is topic-wise collection of Important notes, Topic Wise tests, Video lectures, NCERT Textbook, NCERT Solution, and Previous Year papers is designed in a way where you get a complete chapter-wise package for your preparation of Entrepreneurship Class 11 in one place? Here, the chapter-wise guide is framed by the best teachers having tremendous knowledge Entrepreneurship Concept and Functions | Class 11 | Entrepreneurship | Chapter 1 | Part 5 | Advantages, Disadvantages and Process of EntrepreneurshipTopics C Business, Trade and Commerce | Chapter 1 | Business Studies | Class 11 Rajat Arora 3. It also discusses promotional, managerial, and commercial functions that entrepreneurs take on. a. This chapter covers MSMEs (Micro, Small and Medium Enterprises), their definitions, key features, examples, and the role they play in India's economy. 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