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Why is it important for an entrepreneur to review business progress regularly?

Answer and explanation

Correct answer: To compare planned and actual results and make improvements

Regular progress review is a control and improvement activity. The entrepreneur compares planned targets with actual results, notices gaps such as lower sales or higher costs, and then takes suitable corrective action. Review does not mean changing every goal or merely counting employees; it uses information to improve decisions and keep the business on track. Therefore, option B is correct.

Related tags

Progress-ReviewPerformanceImprovementBusiness-ControlIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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