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Subjects
Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsExpertLevel 47

If an entrepreneur studies lifestyle and needs before entering a new customer group, this is an example of what?

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Answer and explanation

Correct answer: Customer insight

Customer insight helps design the right product and service. In exams, treat customer as the centre of market study.

Tags

customer insightnew marketneed analysis

Frequently asked questions

What is the correct answer to this question?

Customer insight

Why is this the correct answer?

Customer insight helps design the right product and service. In exams, treat customer as the centre of market study.

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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