Why is time management important for an entrepreneur in difficult situations?
Answer and explanation
Correct answer: Because it helps complete priority tasks on time
An entrepreneur may handle customers, operations, finances, employees, and unexpected problems simultaneously. Time management helps identify urgent and important tasks, allocate effort, and meet essential deadlines. It cannot remove all risks, change customer needs, or make planning unnecessary; it organises a better response.
Frequently asked questions
What is the correct answer to this question?
Because it helps complete priority tasks on time
Why is this the correct answer?
An entrepreneur may handle customers, operations, finances, employees, and unexpected problems simultaneously. Time management helps identify urgent and important tasks, allocate effort, and meet essential deadlines. It cannot remove all risks, change customer needs, or make planning unnecessary; it organises a better response.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.