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 an entrepreneur changes product according to customer preference but ignores cost, what risk will occur?

Answer and explanation

Correct answer: Profit may come under pressure

Direct answer: Option A. A product may satisfy customer preference and still harm the business if its cost is ignored. The reasoning is: changing the product may require extra materials, labour, time, packaging, or equipment. If the selling price does not cover these expenses, the profit becomes smaller or turns into a loss. Option A is correct because profit may come under pressure when cost is not controlled. Option B is wrong because meeting customer preference does not remove every business risk. Option C is wrong because costs do not automatically fall; customization often raises them. Option D is wrong because accounting remains necessary to record expenses, sales, and profit. A good entrepreneur balances customer need, quality, price, and cost before making changes. Memory cue: customer satisfaction is important, but a business must also remain financially viable.

Related tags

Home-ScienceEntrepreneurshipCost-Management

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.