If an entrepreneur involves the team in decision-making, what benefit can the business gain?
Answer and explanation
Correct answer: Better ideas and a stronger sense of responsibility
Team participation brings together different skills, experiences, and information, so it can improve the quality of decisions and generate more practical ideas. When employees are consulted, they are more likely to understand the decision, accept it, and take responsibility for implementing it. Participation does not automatically destroy confidentiality or direction, and it does not directly reduce customers. Therefore, option A is correct.
Frequently asked questions
What is the correct answer to this question?
Better ideas and a stronger sense of responsibility
Why is this the correct answer?
Team participation brings together different skills, experiences, and information, so it can improve the quality of decisions and generate more practical ideas. When employees are consulted, they are more likely to understand the decision, accept it, and take responsibility for implementing it. Participation does not automatically destroy confidentiality or direction, and it does not directly reduce customers. Therefore, option A is correct.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
