Which option gives the correct meaning of innovation in entrepreneurship?
Answer and explanation
Correct answer: समस्या हल करने के लिए नया या बेहतर तरीका अपनाना
Innovation means introducing a new or significantly improved product, process, method, or approach that creates useful value. It need not always be a completely original invention; a meaningful improvement that solves a problem better can also be innovation. Repetition without improvement, hiding needs, or wasteful spending does not meet this meaning.
Frequently asked questions
What is the correct answer to this question?
समस्या हल करने के लिए नया या बेहतर तरीका अपनाना
Why is this the correct answer?
Innovation means introducing a new or significantly improved product, process, method, or approach that creates useful value. It need not always be a completely original invention; a meaningful improvement that solves a problem better can also be innovation. Repetition without improvement, hiding needs, or wasteful spending does not meet this meaning.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
