Why is time management important for an entrepreneur?
Answer and explanation
Correct answer: Because priority tasks must be completed within limited time
An entrepreneur often handles product development, customers, purchasing, accounts, marketing, and deadlines at the same time. Time management helps identify priorities, allocate time, and complete important tasks before opportunities or commitments are lost. It does not change customer needs or guarantee that costs never rise. The key benefit is effective use of limited time, making A correct.
Frequently asked questions
What is the correct answer to this question?
Because priority tasks must be completed within limited time
Why is this the correct answer?
An entrepreneur often handles product development, customers, purchasing, accounts, marketing, and deadlines at the same time. Time management helps identify priorities, allocate time, and complete important tasks before opportunities or commitments are lost. It does not change customer needs or guarantee that costs never rise. The key benefit is effective use of limited time, making A 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.
