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Why is balance between profit and quality necessary for an entrepreneur?

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Answer and explanation

Correct answer: For long-term customer trust and business stability

Focusing only on profit can reduce quality and trust. In exams, connect sustainable success with quality.

Tags

profitqualitybusiness stability

Frequently asked questions

What is the correct answer to this question?

For long-term customer trust and business stability

Why is this the correct answer?

Focusing only on profit can reduce quality and trust. In exams, connect sustainable success with quality.

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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