What is the benefit of time management in business?
Answer and explanation
Correct answer: Work gets completed on time
Business involves several activities such as purchasing, production, selling, record keeping, and customer service. Time management helps arrange these activities according to priority and deadlines. Thus work is completed more efficiently and on time. It cannot automatically remove expenses or customer needs.
Frequently asked questions
What is the correct answer to this question?
Work gets completed on time
Why is this the correct answer?
Business involves several activities such as purchasing, production, selling, record keeping, and customer service. Time management helps arrange these activities according to priority and deadlines. Thus work is completed more efficiently and on time. It cannot automatically remove expenses or customer needs.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
