How does testing an idea on a small scale help an entrepreneur?
Answer and explanation
Correct answer: Understanding the usefulness of the idea
A small trial shows practicality before taking bigger risk. Exam tip: link small trial with risk reduction.
Frequently asked questions
What is the correct answer to this question?
Understanding the usefulness of the idea
Why is this the correct answer?
A small trial shows practicality before taking bigger risk. Exam tip: link small trial with risk reduction.
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.