Which option most clearly shows an entrepreneur’s creative thinking?
Answer and explanation
Correct answer: Creating a new useful solution for an old problem
Entrepreneurial creativity means generating an original or improved way to solve a meaningful problem and provide value. The solution need not be completely unprecedented; making an existing process more useful can also be creative. Repeating an old method without improvement, ignoring the problem, or avoiding customers does not show this ability.
Frequently asked questions
What is the correct answer to this question?
Creating a new useful solution for an old problem
Why is this the correct answer?
Entrepreneurial creativity means generating an original or improved way to solve a meaningful problem and provide value. The solution need not be completely unprecedented; making an existing process more useful can also be creative. Repeating an old method without improvement, ignoring the problem, or avoiding customers does not show this ability.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
