What is the correct use of creativity in entrepreneurial thinking?
Answer and explanation
Correct answer: Solving a problem in a new and useful way
Entrepreneurial creativity is valuable when it produces a novel or improved solution to a real need. The idea should be useful, feasible, and capable of creating value for customers or the enterprise. Merely hiding a problem or repeating an old method is not creative problem-solving. Customer questions often provide information needed to make creativity relevant, so option A is correct.
Frequently asked questions
What is the correct answer to this question?
Solving a problem in a new and useful way
Why is this the correct answer?
Entrepreneurial creativity is valuable when it produces a novel or improved solution to a real need. The idea should be useful, feasible, and capable of creating value for customers or the enterprise. Merely hiding a problem or repeating an old method is not creative problem-solving. Customer questions often provide information needed to make creativity relevant, so option A is correct.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.