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Questions and Answers
What qualities are essential for a businessman to make sound decisions?
What qualities are essential for a businessman to make sound decisions?
- Technical knowledge, judgment power, and intelligence (correct)
- Networking abilities, risk-taking attitude, and adaptability
- Marketing skills, leadership qualities, and perseverance
- Financial expertise, communication skills, and creativity
What happens if a businessman neglects his responsibilities?
What happens if a businessman neglects his responsibilities?
- The business cannot thrive (correct)
- The business expands rapidly
- The business becomes more successful
- The business becomes more innovative
What is the primary decision-making authority of a businessman?
What is the primary decision-making authority of a businessman?
- The businessman focuses solely on personal interests when making decisions
- The businessman decides on all matters in the best interest of the business (correct)
- The businessman consults with all employees before making decisions
- The businessman delegates all decision-making to the management team
