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Subjects
Class 11Home ScienceWork, Livelihood and CareerTraditional occupations in India - HandicraftsHardLevel 10

If an artisan makes high quality products but keeps no records, what business weakness remains?

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Answer and explanation

Correct answer: Correct assessment of cost, profit and order status becomes difficult

Records show the real condition of business. In exams, connect bookkeeping with decision making.

Tags

handicraftsbookkeepingcostingdecision-making

Frequently asked questions

What is the correct answer to this question?

Correct assessment of cost, profit and order status becomes difficult

Why is this the correct answer?

Records show the real condition of business. In exams, connect bookkeeping with decision making.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Handicrafts.

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10 more MCQs
  1. 1What is the simplest meaning of handicraft?
  2. 2Why are handicrafts considered a traditional occupation in India?
  3. 3Making clay pots is an example of which traditional occupation?
  4. 4What is the main asset of an artisan in handicrafts?
  5. 5Why is use of local material important in handicraft products?
  6. 6Wood carving is related to which work?
  7. 7What mainly affects the beauty of a handicraft product?
  8. 8A handmade basket can commonly be made from which material?
  9. 9What is the main benefit of training in handicrafts?
  10. 10How can family participation be seen in a handicraft occupation?
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