What is the benefit of creativity in entrepreneurship?
Answer and explanation
Correct answer: New solutions are found
In entrepreneurship, creativity helps an entrepreneur view problems differently and develop new products, services, or methods for customer needs. Therefore, finding new solutions is correct. Hiding risk is not a benefit of creativity; an entrepreneur should identify and manage risks. Exam tip: remember creativity as the source of new ideas and innovation.
Frequently asked questions
What is the correct answer to this question?
New solutions are found
Why is this the correct answer?
In entrepreneurship, creativity helps an entrepreneur view problems differently and develop new products, services, or methods for customer needs. Therefore, finding new solutions is correct. Hiding risk is not a benefit of creativity; an entrepreneur should identify and manage risks. Exam tip: remember creativity as the source of new ideas and innovation.
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.
