For an entrepreneur with limited capital, what is the smartest step at the beginning?
Answer and explanation
Correct answer: छोटे स्तर पर शुरू कर सीखते हुए बढ़ना
Starting on a small scale limits the initial financial commitment and allows the entrepreneur to test demand, learn from customers, and correct problems before expanding. This approach protects scarce capital and supports gradual growth. Large premises, excess production, and decorative spending create fixed costs without proving that customers will buy.
Frequently asked questions
What is the correct answer to this question?
छोटे स्तर पर शुरू कर सीखते हुए बढ़ना
Why is this the correct answer?
Starting on a small scale limits the initial financial commitment and allows the entrepreneur to test demand, learn from customers, and correct problems before expanding. This approach protects scarce capital and supports gradual growth. Large premises, excess production, and decorative spending create fixed costs without proving that customers will buy.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
