from ideas to startups class 9 social science part 2 chapter 6 question answer – Discussion Forum

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Srushti

Asked: October 11, 2026In: Class 9 Social Science

“A business plan is a dynamic roadmap for a startup.” Explain this statement with suitable examples. When should one change the business plan?

A business plan is dynamic because market realities constantly evolve. For example, restaurants adopted digital home delivery during pandemics. Entrepreneurs should alter plans when consumer habits change, new competitors arise or operational costs increase drastically. Class 9 Social Science Part 2 ...

Srushti

Asked: October 11, 2026In: Class 9 Social Science

Interview two people in your vicinity who run a business (tailor, shopkeeper, factory owner, etc.) and find out about their journey of starting the business by asking them the following questions: • Why did they start the business? • What were the challenges they faced? • What were the risks taken? • What did they learn from the process? Prepare a short report on the tasks an entrepreneur performs at each stage, with reference to Fig. 6.2.

Interviews show entrepreneurs start ventures for autonomy and livelihood. They face initial capital shortages, assume bankruptcy risks and learn customer retention. Crucial entrepreneurial stages include ideation, resource mobilization, operational execution and long-term business scaling. Cbse Class 9 Social Science Part 2 ...