Understanding the Market — Entrepreneurship STD 11 Commerce — Question
CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipUnderstanding the Market3 Marks
Question
When an entrepreneur selects to follow stability strategies?
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Answer
Initially, the organisation continues to serve its customer with basically the same products and services "STABILITY" is what the entrepreneur is looking for in the beginning as stability strategy is:
Less risky.
Easier and comfortable.
Unconsciously pursued.
Defensive and satisfactory.
Enhances functional efficiencies.
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