What is the correct use of creativity by an entrepreneur?
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.
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.