An entrepreneur reviews income, expenses and customer feedback every month. What benefit will this give?
Answer and explanation
Correct answer: समय पर सुधार और बेहतर योजना
Regular review helps the entrepreneur notice changes in cash position, spending, sales and customer satisfaction before problems become large. The information can guide timely corrective action, budgeting and future planning. Review does not remove responsibility or create confusion when records are organized; it strengthens control and responsiveness.
Frequently asked questions
What is the correct answer to this question?
समय पर सुधार और बेहतर योजना
Why is this the correct answer?
Regular review helps the entrepreneur notice changes in cash position, spending, sales and customer satisfaction before problems become large. The information can guide timely corrective action, budgeting and future planning. Review does not remove responsibility or create confusion when records are organized; it strengthens control and responsiveness.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.