If an entrepreneur is repeatedly earning profit but customer complaints are increasing, what would be the expert conclusion?
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Answer and explanation
Correct answer: Quality and service improvement are needed for long-term stability
Customer satisfaction is necessary with profit for sustainable success. In exams, separate short-term profit and long-term trust.
Frequently asked questions
What is the correct answer to this question?
Quality and service improvement are needed for long-term stability
Why is this the correct answer?
Customer satisfaction is necessary with profit for sustainable success. In exams, separate short-term profit and long-term trust.
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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