Why should an entrepreneur do a small test before applying a new idea?
Answer and explanation
Correct answer: To understand risk and usefulness
A small test shows the condition of an idea before major loss. Exam tip: link testing with reducing risk.
Frequently asked questions
What is the correct answer to this question?
To understand risk and usefulness
Why is this the correct answer?
A small test shows the condition of an idea before major loss. Exam tip: link testing with reducing risk.
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.