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An entrepreneur selects features based on usefulness and cost instead of adding every feature requested. Which ability is this?

Answer and explanation

Correct answer: Value-based prioritisation

Customer requests provide useful information, but every feature may not create enough value to justify its cost, complexity or maintenance. Comparing usefulness with cost helps the entrepreneur select features that best serve the product's purpose and customers' important needs. This is value-based prioritisation. It is not ignoring customers, because their needs are considered, and it is not cost cutting alone.

Related tags

PrioritisationCustomer-ValueCostQualities And Functions Of An EntrepreneurEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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