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Subjects
Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsHardLevel 48

If an entrepreneur learns from the market and adds a unique feature to the product, which quality is shown?

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Answer and explanation

Correct answer: Competitive innovation

Learning from the market and adding improvement is competitive innovation. Exam tip: check competition and innovation together.

Tags

home-scienceentrepreneurshipcompetitive-innovation

Frequently asked questions

What is the correct answer to this question?

Competitive innovation

Why is this the correct answer?

Learning from the market and adding improvement is competitive innovation. Exam tip: check competition and innovation 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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