Why is communication skill important for an entrepreneur?
Answer and explanation
Correct answer: To clearly convey ideas to customers, the team, and investors
An entrepreneur must explain the business idea, product benefits, plans, and expectations to different stakeholders. Clear communication reduces misunderstanding, helps coordinate the team, and builds customer and investor confidence. Thus option A is correct. Silence, distance, or misinformation would weaken relationships and business performance.
Frequently asked questions
What is the correct answer to this question?
To clearly convey ideas to customers, the team, and investors
Why is this the correct answer?
An entrepreneur must explain the business idea, product benefits, plans, and expectations to different stakeholders. Clear communication reduces misunderstanding, helps coordinate the team, and builds customer and investor confidence. Thus option A is correct. Silence, distance, or misinformation would weaken relationships and business 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.