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If an entrepreneur correctly identifies a customer need but the proposed solution is too expensive, what is the main problem?

Answer and explanation

Correct answer: The solution has weak financial feasibility

D is correct. Identifying a genuine customer need does not by itself make a business solution workable. If the solution costs too much to produce or deliver affordably, its financial feasibility is weak. The customer need still exists.

Related tags

Financial FeasibilityCustomer NeedsEntrepreneurshipIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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