How does time management help an entrepreneur?
Answer and explanation
Correct answer: In completing work on time
Time management involves setting priorities, scheduling tasks, estimating time, and using deadlines to organise work. It helps an entrepreneur focus on important activities, coordinate employees and suppliers, meet customer commitments, and monitor progress. It does not mean delaying work; poor time management can cause errors, missed deadlines, and lost customers.
Frequently asked questions
What is the correct answer to this question?
In completing work on time
Why is this the correct answer?
Time management involves setting priorities, scheduling tasks, estimating time, and using deadlines to organise work. It helps an entrepreneur focus on important activities, coordinate employees and suppliers, meet customer commitments, and monitor progress. It does not mean delaying work; poor time management can cause errors, missed deadlines, and lost customers.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
