Which option shows an entrepreneur's innovation ability?
Answer and explanation
Correct answer: Offering an old service in a new way according to customer convenience
Innovation does not always mean a new product, it can also mean a new method. In exams, treat convenience-based change as innovation.
Frequently asked questions
What is the correct answer to this question?
Offering an old service in a new way according to customer convenience
Why is this the correct answer?
Innovation does not always mean a new product, it can also mean a new method. In exams, treat convenience-based change as innovation.
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.