-Entrepreneurs possess critical thinking skills and look at problems as challenges or puzzles that they need to solve. They know how to handle issues in any area of the business, be it finance, operations, or marketing. They listen to the plight of their employees on certain problems involving their units, and come up with strategic solutions. Entrepreneurs are able to solve problems by immersing themselves in day-to-day activities, knowing what is happening in and out of their business.

ENTREPRENEURS

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Problem solvers
B	Specialists
C	Communicators
D	Leaders

Explanation:

Detailed explanation-1: -Problem solving and critical thinking refers to the ability to use knowledge, facts, and data to effectively solve problems. This doesn’t mean you need to have an immediate answer, it means you have to be able to think on your feet, assess problems and find solutions.

Detailed explanation-2: -The skills that we need in order to be able to think critically are varied and include observation, analysis, interpretation, reflection, evaluation, inference, explanation, problem solving, and decision making.

Detailed explanation-3: -Critical thinking in the workplace means sorting among useful and arbitrary details to come up with a big-picture perspective that leads to an impactful decision or solution to a problem.

Detailed explanation-4: -Egocentric Thinking. Egoism, or viewing everything in relation to yourself, is a natural human tendency and a common barrier to critical thinking. Groupthink and Social Conditioning. Drone Mentality and Cognitive Fatigue. Personal Biases and Preferences. Allostatic Overload. 15-Aug-2022

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ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS