What can be the role of a mentor in entrepreneurship?
Answer and explanation
Correct answer: Giving advice and direction based on experience
A mentor shares experience, asks useful questions, provides feedback, and helps an entrepreneur understand choices and risks. The entrepreneur remains responsible for decisions and actions; a mentor does not permanently replace that responsibility. Hiding risks or obstructing customers is contrary to responsible guidance, so A is correct.
Frequently asked questions
What is the correct answer to this question?
Giving advice and direction based on experience
Why is this the correct answer?
A mentor shares experience, asks useful questions, provides feedback, and helps an entrepreneur understand choices and risks. The entrepreneur remains responsible for decisions and actions; a mentor does not permanently replace that responsibility. Hiding risks or obstructing customers is contrary to responsible guidance, so A is correct.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.