Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

Subjects
0 reads0 ratings0 helpful

In which situation should an entrepreneur modify the initial idea?

Answer and explanation

Correct answer: When consistent customer feedback indicates the need for a useful improvement

Consistent and useful customer feedback may show that the product or service is not fully meeting customer needs. An entrepreneur should then improve or modify the initial idea on the basis of evidence. A friend's unsupported opinion or the attraction of a new idea is not enough; when data is unavailable, the entrepreneur should first gather information. Exam tip: In entrepreneurship questions, give priority to customer feedback and evidence-based decisions.

Related tags

EntrepreneurshipCustomer FeedbackIdea ImprovementAdaptabilityDecision MakingIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial Intelligence

Was this question useful?

No ratings yetWrite a review / Rate this question

Student Reviews

No published reviews yet.

Add Muft Shiksha to your Home Screen

In Safari, tap Share, then Add to Home Screen.