If an entrepreneur’s product is inexpensive but customers do not consider it trustworthy, which aspect is weak?
Answer and explanation
Correct answer: Product reliability and brand image
A low price may attract initial attention, but customers also judge safety, consistent quality, durability, truthful claims, and the seller’s reliability. If they do not trust the product, its perceived reliability and brand image are weak. Stock quantity mainly affects availability, and shop size affects presentation; neither automatically creates confidence. Thus A is correct.
Frequently asked questions
What is the correct answer to this question?
Product reliability and brand image
Why is this the correct answer?
A low price may attract initial attention, but customers also judge safety, consistent quality, durability, truthful claims, and the seller’s reliability. If they do not trust the product, its perceived reliability and brand image are weak. Stock quantity mainly affects availability, and shop size affects presentation; neither automatically creates confidence. Thus 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.
