If an entrepreneur knows customer need but not cost what weakness remains in decision making?
Answer and explanation
Correct answer: Lack of financial assessment
Along with customer need cost and profit must also be understood. In exams connect enterprise decision with cost analysis.
Frequently asked questions
What is the correct answer to this question?
Lack of financial assessment
Why is this the correct answer?
Along with customer need cost and profit must also be understood. In exams connect enterprise decision with cost analysis.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Life skills for livelihood.