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1st Year Computer Chapter 9

The document discusses key concepts related to entrepreneurship in the digital age, including definitions, the importance of design thinking, and the steps to create a business plan. It highlights the significance of market research, business pitches, storytelling, and collaboration in enhancing business success. Each section provides insights into how these elements contribute to effective entrepreneurship.

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Muhammad Ismail
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42 views2 pages

1st Year Computer Chapter 9

The document discusses key concepts related to entrepreneurship in the digital age, including definitions, the importance of design thinking, and the steps to create a business plan. It highlights the significance of market research, business pitches, storytelling, and collaboration in enhancing business success. Each section provides insights into how these elements contribute to effective entrepreneurship.

Uploaded by

Muhammad Ismail
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Class “1st year”

Computer Science
Chapter No 09

“Entrepreneurship in Digital Age”


According to Smart Syllabus
Short Questions
Question No# 01

Define entrepreneurship in your own words.

Entrepreneurship is the ability to start and run a business by creating new ideas, products, or
services, taking risks, and working to make a profit.
Question No# 02

What is the main focus of Design thinking?

The main focus of Design Thinking is to solve problems creatively by putting the user at the
centre of the process. It emphasizes:

1. Empathy

2. Ideation

3. Prototyping

4. Testing
Question No# 03
List the key steps involved in creating a business plan.
Key steps in creating a business plan:
1. Executive summary – Brief overview of the business.
2. Business description – Explain what the business does.
3. Market analysis – Research target customers and competitors.
4. Organization and management – Show the business structure and team.
5. Products or services – Describe what you offer.
6. Marketing and sales strategy – How you will attract and sell to customers.
7. Financial plan – Budget, funding, and profit projections.
8. Appendix – Any extra documents or information.

Note book-u
Question No# 04

Why is market research important for a new business?

Market research is important for a new business because it helps to understand customers’
needs, preferences, and behaviour, identify competitors, and make informed decisions about
products, pricing, and marketing. It reduces risks and increases the chances of business
success.
Question No# 05

Explain the importance of a business pitch.

A business pitch is important because it clearly presents your business idea to investors,
partners, or customers. It helps to attract funding, support, or clients, communicate your vision
effectively, and show why your business is valuable and worth backing.
Question No# 06

How can storytelling benefit a business?

Storytelling benefits a business by helping to connect with customers emotionally, make the
brand memorable, and explain products or services clearly. It can increase trust, engagement,
and loyalty, making people more likely to buy or support the business.
Question No# 08

Why is collaboration important in the entrepreneurial process?

Collaboration is important in the entrepreneurial process because it allows entrepreneurs to


share ideas, skills, and resources, solve problems faster, and make better decisions. Working
with others also brings different perspectives, which can lead to more innovative products and
business growth.

Note book-u

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