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Subjects
Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsExpertLevel 47

In which situation would an entrepreneur's market study be considered superficial?

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Answer and explanation

Correct answer: Deciding only on one friend's opinion

One person's opinion is not proof of total demand. In exams, connect market study with wider information.

Tags

market studysuperficial analysisdemand

Frequently asked questions

What is the correct answer to this question?

Deciding only on one friend's opinion

Why is this the correct answer?

One person's opinion is not proof of total demand. In exams, connect market study with wider information.

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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