An entrepreneur increases production after sudden rise in demand without leaving quality control. What does this show?
Answer and explanation
Correct answer: Balanced expansion ability
Proper expansion balances demand quality and capacity. In exams, see both speed and control.
Frequently asked questions
What is the correct answer to this question?
Balanced expansion ability
Why is this the correct answer?
Proper expansion balances demand quality and capacity. In exams, see both speed and control.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Entrepreneurship: definition and characteristics.