If an entrepreneur focuses only on profit and builds a product without understanding the customer problem then what weakness is shown?
Answer and explanation
Correct answer: समस्या समाधान दृष्टिकोण की कमी
Entrepreneurship begins by identifying a meaningful customer problem and developing a solution that people value. A profit-only approach may produce something that has no practical use, even if it appears commercially attractive to the creator. Failing to understand the problem shows weak customer-centred and problem-solving thinking, not a bookkeeping or permission issue.
Frequently asked questions
What is the correct answer to this question?
समस्या समाधान दृष्टिकोण की कमी
Why is this the correct answer?
Entrepreneurship begins by identifying a meaningful customer problem and developing a solution that people value. A profit-only approach may produce something that has no practical use, even if it appears commercially attractive to the creator. Failing to understand the problem shows weak customer-centred and problem-solving thinking, not a bookkeeping or permission issue.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.