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How does networking help in entrepreneurship?

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Answer and explanation

Correct answer: सलाह, संसाधन, ग्राहक और अवसर पाने में

Networking connects an entrepreneur with mentors, suppliers, customers, investors, institutions and other business owners. Such relationships can provide knowledge, referrals, resources and opportunities, although the entrepreneur remains responsible for decisions. Networking does not remove competition or mean merely spending time socially without purpose.

Tags

networkingresourcesEntrepreneurship DevelopmentMSME and Business EntrepreneurshipBusiness StudiesClass 11 MCQ

Frequently asked questions

What is the correct answer to this question?

सलाह, संसाधन, ग्राहक और अवसर पाने में

Why is this the correct answer?

Networking connects an entrepreneur with mentors, suppliers, customers, investors, institutions and other business owners. Such relationships can provide knowledge, referrals, resources and opportunities, although the entrepreneur remains responsible for decisions. Networking does not remove competition or mean merely spending time socially without purpose.

Which subject and chapter does this question cover?

This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.

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