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Why should an entrepreneur test a product on a small scale first?

Answer and explanation

Correct answer: To identify weaknesses and improve

The governing concept is risk reduction through testing and feedback. A small-scale trial allows an entrepreneur to observe how the product performs, collect customer responses, detect defects and improve the design before investing heavily. Thus option C is correct. Spending all money immediately increases risk, avoiding customers removes useful feedback, and changing the business name does not test product quality or usefulness.

Related tags

Product-TestingCustomer-FeedbackRisk-ReductionProduct-ImprovementQualities And Functions Of An EntrepreneurEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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