Why is understanding customer needs necessary in entrepreneurship?
Answer and explanation
Correct answer: To make useful product or service
A useful product or service can be made by understanding customer needs. Exam tip: link customer need with market opportunity.
Frequently asked questions
What is the correct answer to this question?
To make useful product or service
Why is this the correct answer?
A useful product or service can be made by understanding customer needs. Exam tip: link customer need with market opportunity.
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.