Quality and honesty in entrepreneurship are related to what?
Answer and explanation
Correct answer: Customer trust and long-term business success
Providing quality goods or services and dealing honestly with customers builds customer trust. This trust supports repeat purchases, a good reputation, and long-term business success. Misleading customers may bring a short-term gain, but it damages trust and reputation. Exam tip: Link quality and honesty in entrepreneurship with customer satisfaction, trust, and sustainable success.
Frequently asked questions
What is the correct answer to this question?
Customer trust and long-term business success
Why is this the correct answer?
Providing quality goods or services and dealing honestly with customers builds customer trust. This trust supports repeat purchases, a good reputation, and long-term business success. Misleading customers may bring a short-term gain, but it damages trust and reputation. Exam tip: Link quality and honesty in entrepreneurship with customer satisfaction, trust, and sustainable success.
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.
