If cost is increasing and profit is decreasing in an enterprise, what should the entrepreneur do?
Answer and explanation
Correct answer: Analyse causes and expenses
Analysis of cost and profit helps financial control. Exam tip: keep records and analysis together.
Frequently asked questions
What is the correct answer to this question?
Analyse causes and expenses
Why is this the correct answer?
Analysis of cost and profit helps financial control. Exam tip: keep records and analysis 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.