What benefit does an entrepreneur get from setting goals?
Answer and explanation
Correct answer: Direction and priority of work become clear
A goal states the result an entrepreneur wants to achieve. Clear goals help decide which tasks are important, allocate resources, set timelines, and measure progress. They support planning but do not replace it. Thus option A is correct. Goals do not make work directionless, automatically drive customers away, or remove the need for planning.
Frequently asked questions
What is the correct answer to this question?
Direction and priority of work become clear
Why is this the correct answer?
A goal states the result an entrepreneur wants to achieve. Clear goals help decide which tasks are important, allocate resources, set timelines, and measure progress. They support planning but do not replace it. Thus option A is correct. Goals do not make work directionless, automatically drive customers away, or remove the need for planning.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.