Why does an entrepreneur use facts in decision-making?
Answer and explanation
Correct answer: ताकि निर्णय अनुमान के बजाय प्रमाण पर आधारित हो
Facts such as sales figures, costs, customer feedback and market information help the entrepreneur understand the present situation and compare possible actions. Evidence reduces avoidable guesswork, although it cannot remove uncertainty or guarantee a result. Data should support planning and customer contact, not replace judgment, interpretation and responsible action.
Frequently asked questions
What is the correct answer to this question?
ताकि निर्णय अनुमान के बजाय प्रमाण पर आधारित हो
Why is this the correct answer?
Facts such as sales figures, costs, customer feedback and market information help the entrepreneur understand the present situation and compare possible actions. Evidence reduces avoidable guesswork, although it cannot remove uncertainty or guarantee a result. Data should support planning and customer contact, not replace judgment, interpretation and responsible action.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
