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All important business information depends on one employee. What function should the entrepreneur perform?

Answer and explanation

Correct answer: Knowledge management and succession preparation

Depending on one employee creates operational risk because illness, resignation, or absence may interrupt important work. Documenting procedures, sharing knowledge, and training another person reduce this dependency. A salary increase alone does not guarantee continuity, while customer numbers or product price do not solve the knowledge-concentration problem.

Related tags

Knowledge-ManagementSuccession-PlanningQualities And Functions Of An EntrepreneurEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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