Which characteristic helps an entrepreneur understand changes in customer preference?
Answer and explanation
Correct answer: Observation and ability to listen to feedback
Customer feedback indicates market change. In exams, treat listening to customers as an entrepreneurial trait.
Frequently asked questions
What is the correct answer to this question?
Observation and ability to listen to feedback
Why is this the correct answer?
Customer feedback indicates market change. In exams, treat listening to customers as an entrepreneurial trait.
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.