UNIT 4
PART- A
Entrepreneurial Skills
INTRODUCTION –
Entrepreneurship is the type of self-employment where one is running a business to
satisfy the needs of people and looking for ways to make the business better to make
profits.
Successful entrepreneurs have the following qualities -:
They are confident and believe in themselves and their abilities.
Entrepreneurs keep trying new ideas in their business.
They are patient.
An entrepreneur is creative and thinks differently about business ideas.
He/She takes responsibility for their actions.
Entrepreneurs make decisions after thinking about them.
They work hard.
Entrepreneurs do not give up when they face a difficulty
Pro Tip: Try to remember 3 of these qualities because in board exams there are only
short answer questions from Part A Employability Skills.
Session 1: Entrepreneurship and Society
There are mainly two ways by which a person earns a living – wage employment and
self-employment. Wage Employed people work for someone else and get paid. Self-
employed people start their own businesses to satisfy public demands.
A self-employed person who is always trying to make his/her business better by taking
some risks and experimenting with new ideas is an entrepreneur.
Example: Ramya and Ramu both own plant shops. Ramu sits at his shop every day.
When customers
come, he sells to them. Ramya walks around and gets customers to her shop. She
also sells seeds and flowers with her plants. Ramya is working to do more and grow
her business. She has also added a different idea to her business. So, Ramya is an
entrepreneur and Ramu is a businessman.
Where do these entrepreneurs do their business?
Answer: Entrepreneurs run their businesses in a market. The market consists of
people who buy products or services and also the people who sell them. Thus in the
market people are involved in both buying and selling, it is helpful for everyone as
everyone involved in these economic activities earns money. And in this way
entrepreneurs help in growing the area and society they live in.
What do entrepreneurs do when they run their businesses?
Answer:
Fulfill Customer Needs
Entrepreneurs identify the problems that people face and based on their demands,
Entrepreneurs start their businesses and make money.
Help Society
Entrepreneurs work towards fulfilling the demands of people and thus making profits.
They also contribute their money towards the welfare and development of society. For
Example building schools and hospitals etc.
Sharing of Wealth
As the business grows Entrepreneurs and people working with them tend to enjoy a
good lifestyle because they create more and more wealth from their business for
themselves.
Use Local Materials
To reduce the production cost and increase profits at the same time, Entrepreneurs
tend to buy their raw materials from the local market. Thus they also help local
businesses.
Create Jobs
As their businesses grow they hire more people thus creating more jobs in society.
Lower Price of Products
As the number of entrepreneurs increases, the number of entrepreneurs selling the
same product also increases, and as a result of healthy competition, the prices of
products go down significantly.
Session 2: Qualities and Functions of an Entrepreneur
Qualities – They are confident, creative, hardworking, patient, and responsible.
Qualities of Entrepreneurs.
Functions – Making decisions, Managing the business, Divide the income, Take risks,
and Creating a new method, product, or idea.
Functions of an Entrepreneur
Session 3: Myths about Entrepreneurship
A myth, or a misconception, is a false belief or opinion about something.
For example, if we think tall people run faster than short people, we have a
misconception. It is not true. The truth is that short people can also run fast.
In the same way, here are some misconceptions we might have about
entrepreneurship. We will also read about the actual truth.
1. The misconception is that every business idea needs to be unique or special.
Truth: A person can take an idea that is already there in the market and do something
different with it.
2. The misconception we have is that a person needs a lot of money to start a
business.
Truth: The money used to start a business is called capital. Capital is important for
starting. However, every business does not need a lot of capital to start.
3. A misconception we have is that only a person having a big business is an
entrepreneur.
Truth: No business is big or small. If a person is running a business to fulfill a
customer’s need, they are an entrepreneur. Most businesses start small. It becomes
big with hard work and creativity.
4. A misconception we have is that entrepreneurs are born, not made.
Truth: An entrepreneur is a person who does whatever it takes to make the business
successful.
Being an entrepreneur starts with a way of thinking. You must believe that anything is
possible and it shall be achieved. It starts with thinking of an idea that you want to
work on, making it different.
There are four misconceptions we broke about entrepreneurship.
Pro Tip: The question in board exams may ask a true/false question based on the
misconception or a 1 marker question asking you to list down some of the
misconceptions.
Session 4: Entrepreneurship as a Career Option
As we have discussed earlier, there are two ways by which an individual can earn
money.
1. Self-employment
2. Wage employment
For example, a doctor who works for a hospital is a wage-employed person. If the
same doctor has their own clinic, he or she is a self-employed person.
A person becoming an entrepreneur goes through a three-step process.
Enter – Firstly, the entrepreneur enters the market to start a business.
Survive – As there are many other Entrepreneurs in the market, He/she faces
competition from other entrepreneurs.
Grow – As the business becomes more stable in the market then they look for ways to
expand it.
So, this was all about Entrepreneurial Skills. Here end the Entrepreneurial Skills Class
10 Notes. We have covered everything in these notes. And Yes these are the best
Entrepreneurial Skills Class 10 Notes available on the internet. With this, you are
ready to rock your board examinations, and All the best for your term 2 board
examinations
UNIT 5
PART- A
Green Skills
What is sustainable development?
Development that meets the need of the present without compromising on the needs
of the future generations.
Importance of Sustainable Development.
1. Fulfills the needs of people.
2. Conserves natural resources.
3. Helps in Coordination between natural resources and people.
4. Also considers saving resources for future generations.
Problems Related to Sustainable Development
(a) Food: The amount of rich, fertile land needed to grow crops, such as wheat, rice,
etc., is becoming less as we are using up more and more land for other purposes. Soil
nutrients are also getting depleted and lots of chemicals are spoiling the soil due to the
use of chemical fertilizers.
(b) Water: We use freshwater from rivers and ponds or drinking and cleaning but
dump garbage into them. The rivers and ponds are getting polluted. This way after
several years, we will have no clean water for our use.
(c) Fuel: We are using a lot of wood from trees as fuels and for the construction of
homes and furniture. As more and more trees are being cut, it is affecting the climate
of the place. Extreme weather conditions, such as floods, extreme cold, or heat, are
seen in many places, which affect the people living there.
Sustainable development includes
Reducing excessive use of resources and enhancing resource
conservation.
Recycling and reuse of waste materials.
Scientific management of renewable resources, especially bio-
resources.
Planting more trees.
Using more environment friendly material or biodegradable material.
Sustainable Development Goals
The Sustainable Development Goals (SDGs) are a universal call of action to end
poverty, protect the planet, and ensure that all people enjoy peace and prosperity.
Some of these issues are poverty, gender equality, water use, energy, climate change,
and biodiversity.
Sustainable Processes Some practices, such as organic farming, vermicomposting
andrainwater harvesting is being used to help preserve the environment.
Our Role in Sustainable Development
Natural resources are limited and with time they will get over and if we do not do
anything about it, our future generations will not be able to survive.
Here are some basic ways in which people can help towards Sustainable
Development Goals.
Quality Education – Children who have gone to school will be able to do jobs so that
they can take care of themselves and their families. We should take our friends to
school, help friends study, stop friends from dropping out of school.
Clean Water and Sanitation – We must make efforts to make India free of open
defecation by building toilets and creating awareness towards sanitation. We must
take measurable steps by promoting awareness to keep water sources clean.
Affordable and Clean Energy Using solar power i.e., power generated using the sun
does not cause pollution as it does not require the burning of non-renewable fuels,
such as coal. The use of biogas is also an eco-friendly alternative to natural gas.
PART B
Unit 1: Introduction to IT and ITes Industry
formation Technology
Information Technology means to create, manage, store and exchange of data via various methods. To
transfer, create and store data we need many technologies such as computer software and hardware, etc.
These technologies help us to manage the data in a significant way.
Information Technology enabled Services (ITeS)
Information Technology can be seen in every industry. This technology regulates the functioning of the
industries smoothly. Those industries which enable Information Technology to provide quality services is
called Information Technology Enabled Services (ITes). some industries also use web-enabled services or
Remote services to improve the efficiency of their work.
BPO services
Business Process Outsourcing (BPO) services mean those business operations which are performed by
an outside service provider. In other words, you can say that some industries take help from other service
providers to facilitate their work. They heir some outsourcing companies for that work and those
outsourcing companies is called BPO (Business Process Outsourcing)
Some of the BPO services are as follows:
(a) Financial and Accounting Services
(b) Taxation and Insurance Services
(c) E-Publishing and Web Promotion
(d) Legal Services and Content Writing
(e) Multimedia and Design Services
(f) Document Management Services
(g) Software Testing Services
(h) Health Care Services
BPM industry in India
The IT BPM (Business Process Management) industry is doing an exceptional job in the growth of India.
This industry provides quality services. We can say that It has been filing India's growth.
BPO service industry is expanding in India at a great pace due to the following advantages.
(a) BPO service providers in India invest a lot of money in the new technologies. the ensures to provide
error-free service. They are investing in quality software and hardware to give us better performance.
(b) Government of India is also providing then backbone support to them. The government provides the
necessary infrastructure and logistical support to them to make their work easy.
(c) BPO Industry in India is highly developed and they are capable of giving us quality service. They are
trying to become more and more advance.
Structure of the IT-BPM industry
a) Multinational Companies (MNCs): Those companies whose headquarter is in outside
India but are operating their work in many locations worldwide is called Multinational
companies. These companies provide a number of jobs.
b) Indian Service Providers (ISPs): ISPs are those providers whose operations are in
India. Most of these organizations have their headquarters in India and all the jobs done
by them from India.
c) Global In-house Centers (GIC): GIC organisations work for the parent company they
have to fulfill the parent company's work
IT applications
Nowadays Information Technology can be seen everywhere around the world.. All of us using it every day.
Here we will discuss some applications of IT in our day to day life. We will discuss how IT is involved in
our life from home to school and offices
IT in home computing
We use a PC (personal computer) at our home. The computer is used in our homes for surfing the
internet, making presentations, video, games, etc.
IT in everyday life
In our daily life, most of the equipment we are using is embedded with software. Microwave has its own
software to maintain the temperature and also washing machines, the set-top box has software to interact
with us and give us a good experience.
IT in library
Nowadays managing books in the library is not such tough work. Libraries are now computerised. To
manage a lot of books barcodes can be associated with books which makes the process easy to keep
track of the list of available books and many more.
IT at workplace
all the offices are equipped with computers. Most of the work is now done on computers. In offices
computers and software makes their work very easy and fast.
IT in education
Information technology IT is very much used in education for teaching-learning processes. The software
and Hardware made the process of learning very easy. We can see a lot of animations in educational
videos which made studying very interesting. Various methods of illustrations are now brought to visualize
what we are reading in the real world.
(a) ICT in the classroom
ICT can be used in various ways in schools.
• e-learning classrooms;
• smart-board presentations;
• videos on experiments;
• creation of images and video;
• desktop publishing of magazines, letters and documents;
(b) Education — anywhere anytime
A lot of books and educational content are now digitalized. We can get the content whenever we want.
Our government is also providing websites to access NCERT books online.
(c) Teaching aids and media
ICT is used mostly as a teaching aid in schools to
• use pictures, animations and audio-visuals to explain subjects that are difficult to explain.
• make the lessons interesting using presentations.
• organise lessons using the computer.
(d) Learning Management System (LMS)
A Learning Management System (LMS) is being used by many schools to manage their school system.
This system is very useful for managing attendance and result. Is well designed to record students' data in
an effective way.
IT in entertainment
One can now download movies, play games, chat, video calls using mobiles and computers. Digital
broadcasting has opened a door to the world. It changed the television experience. digital programs are
now more interactive and use very much graphics designing.
IT in communication
In communication, IT has a significant role. One can easily chat through various platforms. Video calling
has now become easier. IT has really changed the way of communication
IT in business
Computers are used in business organisations for payroll calculation, sales analysis, financial forecasting,
managing and maintaining stocks. Most of the businesses now use a digital mode of payment. To manage
all the records companies rely on computers.
IT in science and engineering
To do complex scientific calculations, Computer-Aided Design (CAD) or Computer-Aided Manufacturing
(CAM) Scientists and engineers use software applications. It made their work easy. drawing and
calculation became very easy.
IT in banking
Banking without computers can't be imagined. A lot of work is done in the computers from transactions to
maintaining records. Recurring deposits (e-RD), Fixed deposits (e-FD), money transfer from one account
to another (NEFT, RTGS), online transactions are done using the Internet.
IT in insurance
Insurance companies use a computer to store data of their clients. It manages their data and gives them
timely notifications for their premium. It allows the user to get a good knowledge over their policy.
IT in marketing
The computer is very much needed in marketing. The computer is used to create sell advertisements. It is
used to monitor the performance of the product in the market. different illustrations can be made to
present the product in an effective and decorative way.
IT in health care
Our hospitals are now computerised a lot of healthcare activities are now monitored by computers. Some
of the high-level gadgets are made to serve in hospitals.
(i) Computerised Axial Tomography Machine (CAT): Using this machine three-dimensional (3D)
images of different parts of the body can be made. These images are helpful in the diagnosis of diseases.
(ii) MRI (Magnetic Resonance Imaging Machine):
MRI machines are used to provide an image of the internal organs of the body by using strong magnetic
fields and radio waves. The digital images are very helpful in the detection of the disease.
(iii) Electrocardiogram (ECG) Machine: This machine is used to monitor the heartbeat of a person. This
machine records the electrical impulse.
(iv) Cardiac Screening Machine: This machine is used to detect the problems related to the heart. It
monitors the internal working of the heart.
(v) EEG (Electro encephalography) Machine:
The Electro encephalography machine is used to record the activities of the brain. This machine works
both in the patient is sleeping of awake.
(vi) Blood Sugar Testing Machine: This is used to check the sugar level in blood.
(vii) Blood Pressure Measuring Machine: Blood pressure can be checked digitally by the blood
pressure measuring machine.
IT in the government and public service
The government uses many computer applications to provide their schemes to a large number of people.
The government has also it's own web portal and applications where we can get the information regarding
any policy and schemes .