Why is honesty necessary for an entrepreneur?
Answer and explanation
Correct answer: यह ग्राहक और समाज का विश्वास बनाती है
Honesty means giving truthful information, keeping promises, and dealing fairly with customers and other stakeholders. It builds trust, supports repeat relationships, and reduces disputes. Trust is especially important for long-term business success. Cheating and confusing customers are opposite to honesty, while honesty does not remove the need to provide good service.
Frequently asked questions
What is the correct answer to this question?
यह ग्राहक और समाज का विश्वास बनाती है
Why is this the correct answer?
Honesty means giving truthful information, keeping promises, and dealing fairly with customers and other stakeholders. It builds trust, supports repeat relationships, and reduces disputes. Trust is especially important for long-term business success. Cheating and confusing customers are opposite to honesty, while honesty does not remove the need to provide good service.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: Social Responsibilities of Business and Business Ethics. Topic: Business Ethics.
