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Class 11 Home Science Work, Livelihood and Career Life skills for livelihoodExpertLevel 37

If a person repeatedly keeps price below cost to satisfy customers what risk exists?

Answer and explanation

Correct answer: Business may become financially unstable

Cost and profit balance is needed with customer satisfaction. In exams connect pricing with sustainability.

Tags

pricingcostsustainability

Frequently asked questions

What is the correct answer to this question?

Business may become financially unstable

Why is this the correct answer?

Cost and profit balance is needed with customer satisfaction. In exams connect pricing with sustainability.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Life skills for livelihood.

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