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Why is setting goals important for an entrepreneur?

Answer and explanation

Correct answer: To make the direction of work clear

A goal states the result an entrepreneur wants to achieve. Clear goals help set priorities, allocate resources, measure progress, and coordinate daily activities with the wider business plan. They should be realistic and time-related where possible. Hence option A is correct; goals support planning rather than eliminate it.

Related tags

Goal-SettingPlanningEntrepreneurship DevelopmentMsme And Business EntrepreneurshipBusiness StudiesClass 11 Mcq

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