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Subjects
Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsExpertLevel 48

In which situation has an entrepreneur used competition as a source of learning?

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Answer and explanation

Correct answer: Improving quality and convenience after studying competitor service

Learning from competition to provide better value is mature entrepreneurship. In exams, distinguish copying from learning.

Tags

competitionlearningservice improvement

Frequently asked questions

What is the correct answer to this question?

Improving quality and convenience after studying competitor service

Why is this the correct answer?

Learning from competition to provide better value is mature entrepreneurship. In exams, distinguish copying from learning.

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.

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