While building a team, what should an entrepreneur prioritise instead of only friendship?
Answer and explanation
Correct answer: Skills, responsibility, and trust according to the role
A business team is formed to perform specific tasks and achieve shared goals. Therefore, each member should have suitable skills, a clear responsibility, and a trustworthy attitude. Friendship or family connection may be helpful, but it cannot replace competence and accountability. Shared hobbies and excitement alone do not ensure performance.
Frequently asked questions
What is the correct answer to this question?
Skills, responsibility, and trust according to the role
Why is this the correct answer?
A business team is formed to perform specific tasks and achieve shared goals. Therefore, each member should have suitable skills, a clear responsibility, and a trustworthy attitude. Friendship or family connection may be helpful, but it cannot replace competence and accountability. Shared hobbies and excitement alone do not ensure performance.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
