If an entrepreneur depends on one supplier and raw material stops, which planning was weak?
Answer and explanation
Correct answer: Supply risk management
Dependence on a single source risks business continuity. In exams, connect alternative supply with planning.
Frequently asked questions
What is the correct answer to this question?
Supply risk management
Why is this the correct answer?
Dependence on a single source risks business continuity. In exams, connect alternative supply with planning.
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.