If an entrepreneur keeps a low price while maintaining quality, what balance is shown?
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Answer and explanation
Correct answer: Balance of customer value and quality
Correct price and quality increase customer satisfaction. Exam tip: check price and quality together.
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What is the correct answer to this question?
Balance of customer value and quality
Why is this the correct answer?
Correct price and quality increase customer satisfaction. Exam tip: check price and quality together.
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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