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Class 11 Home Science Work, Livelihood and Career Entrepreneurship: definition and characteristicsMedium

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What is the main purpose of market study in entrepreneurship?

Answer and explanation

Correct answer: Understanding customer need and demand

Market study helps an entrepreneur choose the right product and customers. In exams, keep demand and customer at the centre.

Related tags

Market Study Customer Demand Business Planning Entrepreneurship: Definition And Characteristics Entrepreneurship Definition And Characteristics Work Livelihood And Career Work Livelihood And Career Home Science

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