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Subjects

Artificial Intelligence

Myths about entrepreneurship

In Class 9 Artificial Intelligence, this topic from “Entrepreneurial Skills-I” helps students examine common myths about entrepreneurship. They learn that entrepreneurs are not simply lucky or born with special talent, that starting a venture is not the only path, and that success does not come without planning, teamwork, creativity, responsible risk-taking, and learning from failure. The lesson encourages students to replace stereotypes with a practical understanding of opportunity identification, problem-solving, and the skills needed to turn useful ideas into value for people and communities.

Hard · Level 2 · 25 questions

TOPIC PRACTICE

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25 questions

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  1. Every cost estimate is wrong
  2. A courageous entrepreneur does not need planning
  3. Planning is only for large businesses
  4. Customers always cause a cash shortage
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  1. Calculations are unnecessary in business
  2. Software replaces the entrepreneur
  3. An entrepreneur must be an exceptional mathematician
  4. Expert advice always makes decisions wrong
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  1. Rest is always laziness
  2. Decision-making is unrelated to health
  3. Longer hours always produce greater productivity
  4. Continuous work without balance is not effective entrepreneurship
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  1. A very large customer base is compulsory for success
  2. A subscription model can generate income
  3. A specialized service can be useful
  4. Fewer customers always create more profit
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  1. Price reduction is the only solution in competition
  2. Distinct value can create opportunity despite competition
  3. New enterprises never survive competition
  4. After-sales service has no effect on customers
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  1. Every piece of advice is correct
  2. An entrepreneur should depend completely on others
  3. An entrepreneur loses control by listening to others
  4. Only customers should make decisions
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  1. Every customer comment is a fact
  2. Negative feedback is always correct
  3. A product weakness can never be corrected
  4. Criticism is only harmful to a business
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  1. Service-based work can also be entrepreneurship
  2. Only producing goods is a real business
  3. A data service has no economic value
  4. Solving customer problems is unrelated to entrepreneurship
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  1. An entrepreneur should accept every risk
  2. Complete risk avoidance can also cause opportunity loss
  3. Risk analysis wastes time
  4. Profitable opportunities involve no risk
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  1. Trust develops only after many years
  2. Quality does not create trust
  3. Only famous brands can be trustworthy
  4. New enterprises do not need customer service
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  1. Only large companies get national customers
  2. Software services have no customers
  3. Working from home is always temporary
  4. A large office is necessary for a serious enterprise
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  1. Social purpose and economic activity can coexist
  2. Earning income ends the social purpose
  3. A social enterprise is not a real business
  4. Use of surplus is unrelated to planning
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  1. Every plan should change frequently
  2. A successful plan should never be changed
  3. Laws have no effect on business
  4. Customer behaviour remains constant
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  1. A foreign language is always harmful
  2. A local language is useful only in villages
  3. Knowledge of one particular language is not compulsory for enterprise success
  4. Language has no importance in digital services
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  1. All entrepreneurs need the same personality
  2. Success comes only from aggressive leadership
  3. A quiet person cannot be an entrepreneur
  4. One personality type is not compulsory for entrepreneurship
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  1. A complete team is not compulsory from the beginning
  2. Specialists can never be added later
  3. A small team cannot run a business
  4. Demand has no relation to team size
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  1. Packaging has no use
  2. Good appearance alone ensures long-term success
  3. Customers never consider quality
  4. A first sale always creates customer loyalty
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  1. Forecasting is always useless
  2. Market research should not be done
  3. Forecasting supports decisions but is not a complete guarantee
  4. The future is completely certain
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  1. Surveys are never useful
  2. Sales data always reveals the correct cause
  3. Customer feedback should be ignored
  4. A single source of evidence is always sufficient
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  1. A bank loan is the only way to start an enterprise
  2. Customers may make advance payments
  3. A partnership may provide capital
  4. Financial planning is useful
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  1. New technology is always necessary
  2. A successful entrepreneur never needs further learning
  3. Experience has no value
  4. Training is only for beginners
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  1. The first loss is always useful
  2. A second attempt guarantees success
  3. One failure does not make future success impossible
  4. Analysing a loss is unnecessary
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  1. Employees do not understand cost
  2. Payment systems are unrelated to entrepreneurship
  3. Only a new company can innovate
  4. Entrepreneurship is limited only to starting a new company
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  1. Customers always choose only the lowest price
  2. Customers consider quality
  3. Service may add value
  4. Price is one factor in purchase decisions
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  1. Because all myths provide formulas for success
  2. Because false beliefs can obstruct opportunity recognition and skill development
  3. Because myths eliminate market risk
  4. Because myths reduce the need for planning

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