If an entrepreneur gives customers a sample first for a new product, what is being controlled?
Answer and explanation
Correct answer: Customer trust and market feedback risk
A sample gives both customer feedback and trust. In exams, understand small testing as risk control.
Frequently asked questions
What is the correct answer to this question?
Customer trust and market feedback risk
Why is this the correct answer?
A sample gives both customer feedback and trust. In exams, understand small testing as risk control.
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.