If market survey shows low demand, what should be the correct step of an entrepreneur?
Answer and explanation
Correct answer: Understand causes and change plan
When demand is low, understanding causes and improving the plan is suitable. Exam tip: link survey with decision making.
Frequently asked questions
What is the correct answer to this question?
Understand causes and change plan
Why is this the correct answer?
When demand is low, understanding causes and improving the plan is suitable. Exam tip: link survey with decision making.
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.