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 adopts every new demand immediately without testing, what risk exists?

Answer and explanation

Correct answer: Loss from investing resources in an untested idea

Before adopting a new demand, an entrepreneur should check the market, cost, customer response and feasibility. Investing time, money or materials in an untested idea can lead to poor sales and loss of resources. Options B and C are incorrect because market risk cannot be completely removed and success is never guaranteed. Exam tip: remember that entrepreneurs usually test a new idea on a small scale before full implementation.

Related tags

Home ScienceEntrepreneurshipMarket ResearchIdea TestingBusiness RiskFeasibilityEntrepreneurship: Definition And CharacteristicsEntrepreneurship Definition And Characteristics

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.