If an entrepreneur makes every decision alone and ignores team knowledge, what risk increases?
Answer and explanation
Correct answer: Risk of poor decisions and lower team motivation
Team members often possess practical knowledge about customers, operations, and possible problems. Ignoring that knowledge can produce incomplete or poor decisions. It can also make members feel undervalued, reducing motivation and participation. The other options describe automatic benefits that do not logically follow from excluding the team.
Frequently asked questions
What is the correct answer to this question?
Risk of poor decisions and lower team motivation
Why is this the correct answer?
Team members often possess practical knowledge about customers, operations, and possible problems. Ignoring that knowledge can produce incomplete or poor decisions. It can also make members feel undervalued, reducing motivation and participation. The other options describe automatic benefits that do not logically follow from excluding the team.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.