An entrepreneur studies language taste income level and buying habits before entering a new market. What is this an example of?
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Answer and explanation
Correct answer: Market segmentation and customer insight
Understanding customer background makes service more suitable. In exams, connect customer insight with strategy.
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What is the correct answer to this question?
Market segmentation and customer insight
Why is this the correct answer?
Understanding customer background makes service more suitable. In exams, connect customer insight with strategy.
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.
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