In which situation has an entrepreneur done a controlled experiment?
Answer and explanation
Correct answer: First giving service to a small group and taking feedback
Small-scale testing reduces risk and gives learning. In exams, treat experimentation as thoughtful risk.
Frequently asked questions
What is the correct answer to this question?
First giving service to a small group and taking feedback
Why is this the correct answer?
Small-scale testing reduces risk and gives learning. In exams, treat experimentation as thoughtful risk.
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.