Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

Subjects
0 reads0 ratings0 helpful

If a new need appears in the market and the entrepreneur first tests it on a small scale, what does it show?

Answer and explanation

Correct answer: Careful entrepreneurial decision

The direct answer is A: careful entrepreneurial decision. An entrepreneur sees a possible market need but does not immediately invest all money and resources. The person first makes a small trial, observes customer response, checks cost and usefulness, and then decides whether to expand. The reasoning is: new need creates an opportunity; a small test provides evidence; evidence reduces uncertainty and risk; successful results can support a larger investment. Option A correctly describes this careful, step-by-step decision. Option B, fear of work, is wrong because testing requires effort and initiative. Option C, customer neglect, is wrong because the trial is usually meant to understand and serve customers better. Option D, complete failure, is wrong because a small test is not failure; it is a sensible learning stage. Remember: prototype, sample, pilot or trial usually means learning before taking a bigger risk.

Related tags

Home-ScienceEntrepreneurshipIdea-Testing

Was this question useful?

No ratings yetWrite a review / Rate this question

Student Reviews

No published reviews yet.

Add Muft Shiksha to your Home Screen

In Safari, tap Share, then Add to Home Screen.