Which example best shows an entrepreneur's initiative?
Answer and explanation
Correct answer: Starting to find a solution after noticing a problem
Initiative means recognising a need or problem and taking responsible first steps without waiting for someone else to direct every action. Starting to investigate a solution shows observation, ownership, and willingness to act. Passive waiting, transferring every task, or ignoring an opportunity shows a lack of initiative.
Frequently asked questions
What is the correct answer to this question?
Starting to find a solution after noticing a problem
Why is this the correct answer?
Initiative means recognising a need or problem and taking responsible first steps without waiting for someone else to direct every action. Starting to investigate a solution shows observation, ownership, and willingness to act. Passive waiting, transferring every task, or ignoring an opportunity shows a lack of initiative.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
