Entrepreneurs know how to use all forms pf communication to effectively share ideas and address certain concerns with their customers or employees. Effective communication not only provides people with a clear view of what the business offers, they also help prevent mishaps in an organization. Communication channels between entrepreneurs and their employees or customers should always be open to ensure the smooth flow of operations in their business.

ENTREPRENEURS

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

A	Specialists
B	Leaders
C	Problem solvers
D	Communicators

Explanation:

Detailed explanation-1: -Entrepreneurs know how to use all forms pf communication to effectively share ideas and address certain concerns with their customers or employees. Effective communication not only provides people with a clear view of what the business offers, they also help prevent mishaps in an organization.

Detailed explanation-2: -Effective business communication is how employees and management interact to reach organizational goals. Its purpose is to improve organizational practices and reduce errors. It’s important to work on both your communication skills and communication processes to achieve effective business communication.

Detailed explanation-3: -Feedback from consumer is a group method of generating new ideas for entrepreneurs.

Detailed explanation-4: -Basic Finance Skills. Finance skills, such as budgeting and financial statement analysis, are necessary for running a business. Networking. Your network is one of your greatest assets. Speaking Confidently. Accepting and Acting on Feedback. Recognizing Patterns. Maintaining a Growth Mindset. 25-Aug-2020

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ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS