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If an entrepreneur stores customer data but does not use it in decisions, what is missing?
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Answer and explanation
Correct answer: Data-based decision-making ability
Data is useful only when it supports decisions and improvement. In exams, treat records as a strategic tool.
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What is the correct answer to this question?
Data-based decision-making ability
Why is this the correct answer?
Data is useful only when it supports decisions and improvement. In exams, treat records as a strategic tool.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Entrepreneurship: definition and characteristics.
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