If an entrepreneur creates service according to local demand, what benefit is possible?
Answer and explanation
Correct answer: Usefulness and acceptance of service may increase
Understanding local demand makes service more useful. Exam tip: link local need with opportunity.
Frequently asked questions
What is the correct answer to this question?
Usefulness and acceptance of service may increase
Why is this the correct answer?
Understanding local demand makes service more useful. Exam tip: link local need with opportunity.
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.