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What is the correct use of creativity by an entrepreneur?

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Answer and explanation

Correct answer: Finding a new or better solution to a problem

Creativity means generating original or improved ways of thinking and working. In entrepreneurship, it becomes valuable when it is applied to a real customer or business problem and produces a useful solution. Misleading customers, ignoring rules, or hiding costs are unethical actions, not creative entrepreneurship. Thus, option A correctly connects creativity with problem-solving.

Tags

creativityproblem solvinginnovationEntrepreneurship DevelopmentMSME and Business EntrepreneurshipBusiness StudiesClass 11 MCQ

Frequently asked questions

What is the correct answer to this question?

Finding a new or better solution to a problem

Why is this the correct answer?

Creativity means generating original or improved ways of thinking and working. In entrepreneurship, it becomes valuable when it is applied to a real customer or business problem and produces a useful solution. Misleading customers, ignoring rules, or hiding costs are unethical actions, not creative entrepreneurship. Thus, option A correctly connects creativity with problem-solving.

Which subject and chapter does this question cover?

This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.

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