If an entrepreneur checks reasons when market demand falls, what approach is adopted?
Answer and explanation
Correct answer: Analytical approach
Checking causes before deciding is analytical and responsible behaviour. Exam tip: remember market analysis.
Frequently asked questions
What is the correct answer to this question?
Analytical approach
Why is this the correct answer?
Checking causes before deciding is analytical and responsible behaviour. Exam tip: remember market analysis.
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.