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Gupta

0450-21-O-N-12-2e

Aarya

TOPIC QUESTION - PAPER 1

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Aarya

March 20, 2025 at 12:26:11 PM

Oct/Nov 2021

Version 2

1.0 Understanding Business Activity

1.3 Enterprise, Business Growth and Size

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YOUR ANSWER

Managers help give tasks and instructions to employees on how to do the work and oversee how they do it. This ensures that the product or service is of the quality wanted by the business, and the objectives of the business are being fulfilled, leading to higher chances of business growth. Good managers also create objectives and provide direction to the business, which helps motivate employees to do better work. A successful entrepreneur must be a good manager, as the business may fail without their guidance and support. Furthermore, good managers motivate employees, which reduces rates of labour abseeintism and increases efficiency and output, without which the business may face unnecessary halts in production and wastage of time.

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