When is communication skill most useful for an entrepreneur?
Answer and explanation
Correct answer: When clearly explaining ideas to customers, the team, and investors
An entrepreneur must explain the product, responsibilities, plans, and expectations to different stakeholders. Clear communication reduces misunderstanding, helps persuade customers or investors, coordinates team members, and supports trust. Hiding plans or ignoring complaints weakens relationships, while saying nothing cannot advance a business. Therefore, option A shows the proper use of communication skill.
Frequently asked questions
What is the correct answer to this question?
When clearly explaining ideas to customers, the team, and investors
Why is this the correct answer?
An entrepreneur must explain the product, responsibilities, plans, and expectations to different stakeholders. Clear communication reduces misunderstanding, helps persuade customers or investors, coordinates team members, and supports trust. Hiding plans or ignoring complaints weakens relationships, while saying nothing cannot advance a business. Therefore, option A shows the proper use of communication skill.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.