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Class 11 Home Science Work, Livelihood and Career Life skills for livelihoodHardLevel 39

If customer demand is changing but the entrepreneur relies only on old success what risk exists?

Answer and explanation

Correct answer: Product may become irrelevant

Changing demand needs adaptation and market understanding. In exams test old success against current demand.

Tags

market-changeadaptabilitycustomer-demand

Frequently asked questions

What is the correct answer to this question?

Product may become irrelevant

Why is this the correct answer?

Changing demand needs adaptation and market understanding. In exams test old success against current demand.

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.

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