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An entrepreneur creates two product versions for different customer needs. Which function and quality are combined?

Answer and explanation

Correct answer: Market segmentation and adaptability

Dividing customers into groups according to their needs is market segmentation. Designing or modifying products to suit those groups shows adaptability. The action therefore combines a marketing function with an entrepreneurial quality. Accounting, recruitment, distribution, patience, and confidence do not explain the matching of product versions to different customer needs.

Related tags

Market SegmentationAdaptabilityQualities And Functions Of An EntrepreneurEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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