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What is the biggest risk if the target customer is not clearly identified in a business plan?

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Answer and explanation

Correct answer: उत्पाद सही लोगों तक नहीं पहुंचेगा

A target customer defines whose problem the product is intended to solve and guides product features, pricing, promotion, and distribution. Without that focus, the entrepreneur may communicate with the wrong audience, choose an unsuitable price, and waste marketing resources. Taxes, staffing, and machine performance do not automatically improve because the segment is unclear.

Tags

target-customerbusiness-planEntrepreneurship DevelopmentMSME and Business EntrepreneurshipBusiness StudiesClass 11 MCQ

Frequently asked questions

What is the correct answer to this question?

उत्पाद सही लोगों तक नहीं पहुंचेगा

Why is this the correct answer?

A target customer defines whose problem the product is intended to solve and guides product features, pricing, promotion, and distribution. Without that focus, the entrepreneur may communicate with the wrong audience, choose an unsuitable price, and waste marketing resources. Taxes, staffing, and machine performance do not automatically improve because the segment is unclear.

Which subject and chapter does this question cover?

This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.

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