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Class 11 Home Science Work, Livelihood and Career Entrepreneurship: definition and characteristicsEasyLevel 46

Why should an entrepreneur know about competition?

Answer and explanation

Correct answer: To make a better strategy

Understanding competition helps improve service and strategy. Exam tip: link competition with market study.

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home-scienceentrepreneurshipcompetition

Frequently asked questions

What is the correct answer to this question?

To make a better strategy

Why is this the correct answer?

Understanding competition helps improve service and strategy. Exam tip: link competition with market study.

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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