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What is the most important step for a person starting a business with limited resources?

Answer and explanation

Correct answer: Prioritising available resources

When money, time, people, or materials are limited, an entrepreneur must decide which activities are most important and use resources for them first. Prioritisation prevents waste and supports essential business work. Starting without a goal, doing everything at once, or relying only on loans can create confusion and financial pressure. Hence, option B is correct.

Related tags

Resource-ManagementPrioritisationPlanningEntrepreneurIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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