What is the correct meaning of product diversification in handicrafts?
Answer and explanation
Correct answer: Making different useful or decorative items using the same skill
Diversification can bring new customers and markets. Exam tip: treat it as an income-increasing strategy.
Frequently asked questions
What is the correct answer to this question?
Making different useful or decorative items using the same skill
Why is this the correct answer?
Diversification can bring new customers and markets. Exam tip: treat it as an income-increasing strategy.
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.