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After completing work an entrepreneur reviewed the process and identified wasted time. Which function does this illustrate?

Answer and explanation

Correct answer: Process improvement

Process improvement examines how work is done, identifies unnecessary steps or delays, and changes the method to improve efficiency. The entrepreneur is reviewing the workflow rather than merely recording money, managing sales, or hiring people. Reducing wasted time can lower cost and improve the use of resources without changing the desired result.

Related tags

Process-ImprovementEfficiencyQualities And Functions Of An EntrepreneurEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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