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Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsMediumLevel 48

If an entrepreneur increases production without market study, what is the risk?

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Answer and explanation

Correct answer: Money and material may get stuck due to no sales

Increasing production without knowing demand is risky. In exams, place market study before production.

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market studyproductionrisk

Frequently asked questions

What is the correct answer to this question?

Money and material may get stuck due to no sales

Why is this the correct answer?

Increasing production without knowing demand is risky. In exams, place market study before production.

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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