Why is creativity important for an entrepreneur?
Answer and explanation
Correct answer: To find useful solutions to new problems
Creativity helps an entrepreneur look at a need or problem from different angles and generate original, useful possibilities. It can support new products, improved services, efficient processes, and responses to changing customer expectations. Creativity is not careless risk-taking or rejection of ideas; useful ideas still require testing, planning, and customer understanding.
Frequently asked questions
What is the correct answer to this question?
To find useful solutions to new problems
Why is this the correct answer?
Creativity helps an entrepreneur look at a need or problem from different angles and generate original, useful possibilities. It can support new products, improved services, efficient processes, and responses to changing customer expectations. Creativity is not careless risk-taking or rejection of ideas; useful ideas still require testing, planning, and customer understanding.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
