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Instead of dividing limited funds equally among four departments an entrepreneur allocated more money to the most important activity. Which ability does this show?

Answer and explanation

Correct answer: Strategic prioritization

Strategic prioritization means ranking activities by importance, urgency, expected impact, and available resources. Equal distribution may appear fair but can waste scarce money when some activities contribute more to the main goal. The decision is not emotional and does not mean that all risk has been avoided.

Related tags

Strategic-PrioritizationResource-AllocationQualities And Functions Of An EntrepreneurEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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