What does resource management mean in entrepreneurship?
Answer and explanation
Correct answer: उपलब्ध धन, समय, लोगों और सामग्री का उचित उपयोग करना
Resources such as money, time, people, equipment, and materials are limited, so an entrepreneur must plan how to allocate and monitor them. Good resource management reduces waste, matches resources with priorities, and seeks the best feasible result within constraints. Buying more without need or failing to track time and money is poor management. Therefore, option A gives the correct meaning.
Frequently asked questions
What is the correct answer to this question?
उपलब्ध धन, समय, लोगों और सामग्री का उचित उपयोग करना
Why is this the correct answer?
Resources such as money, time, people, equipment, and materials are limited, so an entrepreneur must plan how to allocate and monitor them. Good resource management reduces waste, matches resources with priorities, and seeks the best feasible result within constraints. Buying more without need or failing to track time and money is poor management. Therefore, option A gives the correct meaning.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
