What is collecting market information to know customer preference called?
Answer and explanation
Correct answer: Market survey
A market survey gives information about customers and demand. Exam tip: link survey with enterprise planning.
Frequently asked questions
What is the correct answer to this question?
Market survey
Why is this the correct answer?
A market survey gives information about customers and demand. Exam tip: link survey with enterprise planning.
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.