What is the main purpose of market survey for an entrepreneur?
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Answer and explanation
Correct answer: Knowing demand and preference
Market survey helps understand customer demand and preference. Exam tip: link survey with planning.
Frequently asked questions
What is the correct answer to this question?
Knowing demand and preference
Why is this the correct answer?
Market survey helps understand customer demand and preference. Exam tip: link survey with 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.
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