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What is the best use of problem-solving skill for an entrepreneur?

Answer and explanation

Correct answer: Identifying causes, creating practical solutions, and checking results

Effective problem solving involves defining the problem, finding its likely cause, developing a practical response, implementing it, and reviewing the result. This process allows correction when the solution does not work. Ignoring problems, repeating unsuitable methods, or blaming others without evidence cannot reliably improve business performance.

Related tags

Problem SolvingDecision MakingEntrepreneurship DevelopmentMsme And Business EntrepreneurshipBusiness StudiesClass 11 Mcq

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