If an entrepreneur has a good product but customers do not know about it, what is the main problem?
Answer and explanation
Correct answer: Lack of market awareness and effective communication
Even a good product may not sell if information about its features, benefits, price, and availability does not reach the intended market. Effective communication and promotion create awareness and allow customers to evaluate the offering. Quality alone does not guarantee visibility. The facts given do not prove that demand has disappeared or that raw materials are unavailable, so A is correct.
Frequently asked questions
What is the correct answer to this question?
Lack of market awareness and effective communication
Why is this the correct answer?
Even a good product may not sell if information about its features, benefits, price, and availability does not reach the intended market. Effective communication and promotion create awareness and allow customers to evaluate the offering. Quality alone does not guarantee visibility. The facts given do not prove that demand has disappeared or that raw materials are unavailable, so A is correct.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
