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Class 11Home ScienceWork, Livelihood and CareerTraditional occupations in India - HandicraftsExpertLevel 10

What is a correct example of risk diversification in handicrafts?

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Answer and explanation

Correct answer: Developing different products, customer groups and sales channels

Diversification can reduce income fluctuation. Exam tip: write both market and product for risk reduction.

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home-sciencerisk-diversificationproduct-rangesales-channel

Frequently asked questions

What is the correct answer to this question?

Developing different products, customer groups and sales channels

Why is this the correct answer?

Diversification can reduce income fluctuation. Exam tip: write both market and product for risk reduction.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Handicrafts.

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10 more MCQs
  1. 1What is the simplest meaning of handicraft?
  2. 2Why are handicrafts considered a traditional occupation in India?
  3. 3Making clay pots is an example of which traditional occupation?
  4. 4What is the main asset of an artisan in handicrafts?
  5. 5Why is use of local material important in handicraft products?
  6. 6Wood carving is related to which work?
  7. 7What mainly affects the beauty of a handicraft product?
  8. 8A handmade basket can commonly be made from which material?
  9. 9What is the main benefit of training in handicrafts?
  10. 10How can family participation be seen in a handicraft occupation?
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