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Subjects

Why is time management important for an entrepreneur?

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Answer and explanation

Correct answer: To complete important tasks on time and avoid missing opportunities

An entrepreneur usually handles planning, production, finance, marketing, customers, and employees at the same time. Time management helps rank urgent and important tasks, set deadlines, reduce delay, and use opportunities before they disappear. It is meant to improve productivity, not encourage postponement, unnecessary meetings, or forgotten goals. Therefore, A is correct.

Tags

time-managementproductivityentrepreneurial-skillsEntrepreneurship DevelopmentMSME and Business EntrepreneurshipBusiness StudiesClass 11 MCQ

Frequently asked questions

What is the correct answer to this question?

To complete important tasks on time and avoid missing opportunities

Why is this the correct answer?

An entrepreneur usually handles planning, production, finance, marketing, customers, and employees at the same time. Time management helps rank urgent and important tasks, set deadlines, reduce delay, and use opportunities before they disappear. It is meant to improve productivity, not encourage postponement, unnecessary meetings, or forgotten goals. Therefore, A is correct.

Which subject and chapter does this question cover?

This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.

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