If an entrepreneur keeps only a low price but service is weak, what risk remains?
Answer and explanation
Correct answer: Customer satisfaction may reduce
Low price alone is not enough, service is also necessary. Exam tip: check price and service together.
Frequently asked questions
What is the correct answer to this question?
Customer satisfaction may reduce
Why is this the correct answer?
Low price alone is not enough, service is also necessary. Exam tip: check price and service 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.