An entrepreneur checked data first and then searched reasons for falling sales. This is an example of which decision method?
Answer and explanation
Correct answer: तथ्य आधारित निर्णय
The entrepreneur begins with sales data and then investigates possible causes, such as changes in demand, price, quality or distribution. This method uses evidence before selecting corrective action, so it is data-based decision-making. Rumours, emotions alone and thoughtless action do not provide a reliable basis for diagnosing the fall.
Frequently asked questions
What is the correct answer to this question?
तथ्य आधारित निर्णय
Why is this the correct answer?
The entrepreneur begins with sales data and then investigates possible causes, such as changes in demand, price, quality or distribution. This method uses evidence before selecting corrective action, so it is data-based decision-making. Rumours, emotions alone and thoughtless action do not provide a reliable basis for diagnosing the fall.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
