In which situation would an entrepreneur's plan be considered weak?
Answer and explanation
Correct answer: जब लक्ष्य, ग्राहक, खर्च और जोखिम स्पष्ट न हों
A business plan should provide direction by identifying objectives, target customers, resources, costs, activities, and major risks. If these elements are unclear, the entrepreneur cannot allocate resources properly, measure progress, or prepare for problems. Measurable goals, a defined customer group, and cost estimates strengthen a plan rather than weaken it.
Frequently asked questions
What is the correct answer to this question?
जब लक्ष्य, ग्राहक, खर्च और जोखिम स्पष्ट न हों
Why is this the correct answer?
A business plan should provide direction by identifying objectives, target customers, resources, costs, activities, and major risks. If these elements are unclear, the entrepreneur cannot allocate resources properly, measure progress, or prepare for problems. Measurable goals, a defined customer group, and cost estimates strengthen a plan rather than weaken 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.
