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Subjects
Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsExpertLevel 46

If an entrepreneur expands only after small testing of the product, what does this indicate?

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Answer and explanation

Correct answer: Risk control and learning strategy

Small testing helps understand demand and reduce risk. In exams, treat controlled expansion as thoughtful.

Tags

product testingrisk controlexpansion

Frequently asked questions

What is the correct answer to this question?

Risk control and learning strategy

Why is this the correct answer?

Small testing helps understand demand and reduce risk. In exams, treat controlled expansion as thoughtful.

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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