What is the correct use of creativity in an entrepreneur?
Answer and explanation
Correct answer: Finding a new or better solution to a problem
Creativity helps an entrepreneur look at a need from a fresh angle and design a new or improved product, process, service, or business method. Useful creativity should solve a real problem and create value while respecting law and ethics. Breaking rules, misleading customers, or wasting resources is not entrepreneurial creativity. Thus, option A correctly describes its use.
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 helps an entrepreneur look at a need from a fresh angle and design a new or improved product, process, service, or business method. Useful creativity should solve a real problem and create value while respecting law and ethics. Breaking rules, misleading customers, or wasting resources is not entrepreneurial creativity. Thus, option A correctly describes its use.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
