In which situation will an entrepreneur’s communication skill be most useful?
Answer and explanation
Correct answer: Clearly explaining the idea to customers, investors, and the team
Entrepreneurs must explain value to customers, present plans to investors, coordinate employees, and respond to questions. Clear, honest communication builds understanding and trust and supports sales, leadership, and teamwork. Hiding information, giving only orders, or avoiding complaints weakens communication rather than demonstrating it.
Frequently asked questions
What is the correct answer to this question?
Clearly explaining the idea to customers, investors, and the team
Why is this the correct answer?
Entrepreneurs must explain value to customers, present plans to investors, coordinate employees, and respond to questions. Clear, honest communication builds understanding and trust and supports sales, leadership, and teamwork. Hiding information, giving only orders, or avoiding complaints weakens communication rather than demonstrating it.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.