If an entrepreneur creates a product after seeing market demand but keeps a weak distribution system, what is the main strategic weakness?
Answer and explanation
Correct answer: Not linking opportunity with operational planning
An opportunity succeeds only when production and distribution are planned together. In exams, check operational capacity along with demand.
Frequently asked questions
What is the correct answer to this question?
Not linking opportunity with operational planning
Why is this the correct answer?
An opportunity succeeds only when production and distribution are planned together. In exams, check operational capacity along with demand.
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.