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An entrepreneur chooses local material to reduce cost but first conducts a quality test. Which balanced quality does this illustrate?

Answer and explanation

Correct answer: Resourcefulness with quality responsibility

Selecting a locally available material to reduce cost shows resourcefulness and efficient use of resources. Testing it before adoption shows that the entrepreneur will not sacrifice required quality for savings. The combination is responsible resourcefulness. It is not cost cutting only, because quality is checked, and it is not risk ignoring because testing reduces uncertainty.

Related tags

ResourcefulnessQuality-TestLocal-MaterialQualities And Functions Of An EntrepreneurEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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