If an entrepreneur keeps learning and improves work according to changing markets, which quality is shown?
Answer and explanation
Correct answer: Adaptability and learning ability
Adaptability means responding constructively when customer needs, technology, competition, or market conditions change. Continuous learning provides new knowledge, and applying it to improve work shows that the entrepreneur can adjust rather than remain fixed in an outdated method. Rigidity, carelessness, and avoiding decisions describe opposite behaviours. Therefore, A identifies the relevant quality.
Frequently asked questions
What is the correct answer to this question?
Adaptability and learning ability
Why is this the correct answer?
Adaptability means responding constructively when customer needs, technology, competition, or market conditions change. Continuous learning provides new knowledge, and applying it to improve work shows that the entrepreneur can adjust rather than remain fixed in an outdated method. Rigidity, carelessness, and avoiding decisions describe opposite behaviours. Therefore, A identifies the relevant quality.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.