ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Managerial Bottleneck arises due to
A
Lack of managerial capacity
B
Lack of infrastructure
C
Adequate managerial resources
D
Inadequate managerial resources
Explanation: 

Detailed explanation-1: -What is a bottleneck in project management? A bottleneck is any point of congestion in a project that causes delays in the workflow. Bottlenecks in project management reduce the pace of the project due to limited capacity.

Detailed explanation-2: -A bottleneck occurs when there is not enough capacity to meet the demand or throughput for a product or service. It is called a bottleneck since the neck of a bottle narrows and tapers, restricting the amount of liquid that can flow out of a bottle at once.

Detailed explanation-3: -The bottleneck may be caused by various events, such as an environmental disaster, the hunting of a species to the point of extinction, or habitat destruction that results in the deaths of organisms.

Detailed explanation-4: -Bottlenecks happen when work or request volume exceeds process capacity or bandwidth. In business, a bottleneck is a point (or points) in a process where the flow of work becomes delayed or breaks down completely.

There is 1 question to complete.