What does problem-solving skill mean?
Answer and explanation
Correct answer: Understanding a problem and finding a suitable solution
Problem-solving is the ability to identify a difficulty, understand its causes, consider possible alternatives, and select a suitable course of action. An entrepreneur uses this skill when dealing with customer needs, production difficulties, or limited resources. Thus, option A correctly describes the skill. Hiding, avoiding, or worsening a problem does not solve it or support effective entrepreneurship.
Frequently asked questions
What is the correct answer to this question?
Understanding a problem and finding a suitable solution
Why is this the correct answer?
Problem-solving is the ability to identify a difficulty, understand its causes, consider possible alternatives, and select a suitable course of action. An entrepreneur uses this skill when dealing with customer needs, production difficulties, or limited resources. Thus, option A correctly describes the skill. Hiding, avoiding, or worsening a problem does not solve it or support effective entrepreneurship.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
