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Subjects
Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsExpertLevel 47

If an entrepreneur increases production but keeps no records, which future risk increases?

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Answer and explanation

Correct answer: Weak control over cost profit and stock

Without records, the real condition of business remains unclear. In exams, treat records as a control tool.

Tags

recordscoststockprofit

Frequently asked questions

What is the correct answer to this question?

Weak control over cost profit and stock

Why is this the correct answer?

Without records, the real condition of business remains unclear. In exams, treat records as a control tool.

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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