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

If an entrepreneur develops a new useful form when market demand falls, which trait is prominent?

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Answer and explanation

Correct answer: Adaptability and re-innovation

Useful change during falling demand helps survival. In exams, connect changing demand with innovation.

Tags

adaptabilityreinnovationmarket demand

Frequently asked questions

What is the correct answer to this question?

Adaptability and re-innovation

Why is this the correct answer?

Useful change during falling demand helps survival. In exams, connect changing demand with innovation.

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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