When is problem-solving skill most useful for an entrepreneur?
Answer and explanation
Correct answer: When a business obstacle or customer complaint arises
Problem-solving becomes especially useful when an obstacle, customer complaint, supply issue, or operational failure appears. The entrepreneur identifies the facts and causes, considers alternatives, and selects a practical remedy. Abandoning work, hiding errors, or refusing to change a plan avoids the problem rather than solving it.
Frequently asked questions
What is the correct answer to this question?
When a business obstacle or customer complaint arises
Why is this the correct answer?
Problem-solving becomes especially useful when an obstacle, customer complaint, supply issue, or operational failure appears. The entrepreneur identifies the facts and causes, considers alternatives, and selects a practical remedy. Abandoning work, hiding errors, or refusing to change a plan avoids the problem rather than solving 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.
