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Subjects
Class 11Home ScienceWork, Livelihood and CareerLife skills for livelihoodExpertLevel 38

If many similar products exist in the market what should an entrepreneur do according to life skills?

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Answer and explanation

Correct answer: Understand difference in product quality service and customer need

In competition it is necessary to understand difference and customer need. In exams connect competition with market analysis.

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competitionmarket-analysiscustomer-need

Frequently asked questions

What is the correct answer to this question?

Understand difference in product quality service and customer need

Why is this the correct answer?

In competition it is necessary to understand difference and customer need. In exams connect competition with market 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.

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