Which option shows the most information-based entrepreneurial decision?
Answer and explanation
Correct answer: Decision after customer survey cost estimate and competitor study
Information-based decision reduces risk. In exams, look for study and analysis before decision.
Frequently asked questions
What is the correct answer to this question?
Decision after customer survey cost estimate and competitor study
Why is this the correct answer?
Information-based decision reduces risk. In exams, look for study and analysis before decision.
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.