What is the importance of leadership skill for an entrepreneur?
Answer and explanation
Correct answer: Giving direction and motivation to the team
Leadership enables an entrepreneur to communicate goals, coordinate people, assign responsibilities, and motivate the team during challenges. A good leader also accepts accountability and helps members work toward a common result. Thus option A is correct. Confusing the team, avoiding responsibility, or stopping work would prevent goal achievement rather than support it.
Frequently asked questions
What is the correct answer to this question?
Giving direction and motivation to the team
Why is this the correct answer?
Leadership enables an entrepreneur to communicate goals, coordinate people, assign responsibilities, and motivate the team during challenges. A good leader also accepts accountability and helps members work toward a common result. Thus option A is correct. Confusing the team, avoiding responsibility, or stopping work would prevent goal achievement rather than support it.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
