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Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsMediumLevel 47

Which is a correct example of value creation in entrepreneurship?

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Answer and explanation

Correct answer: Providing a useful service that solves a customer problem

Value creation happens by giving real benefit to customers. In exams, connect value with usefulness and solution.

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value creationcustomer problemservice

Frequently asked questions

What is the correct answer to this question?

Providing a useful service that solves a customer problem

Why is this the correct answer?

Value creation happens by giving real benefit to customers. In exams, connect value with usefulness and solution.

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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