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Subjects
Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsExpertLevel 48

If an entrepreneur adds night delivery for customer convenience but ignores safety and cost, what is lacking?

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Answer and explanation

Correct answer: Balanced decision and risk assessment

New convenience needs assessment of safety and cost. In exams, connect convenience with risk and feasibility.

Tags

service innovationrisk assessmentcost safety

Frequently asked questions

What is the correct answer to this question?

Balanced decision and risk assessment

Why is this the correct answer?

New convenience needs assessment of safety and cost. In exams, connect convenience with risk and feasibility.

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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