Business Studies, asked by sonakshisingh95, 3 months ago

when choosing an item or service , what should the entrepreneur keep in mind

Answers

Answered by Anonymous
3

Ans. (i) Demand: The demand assessment will be based on the size of market being targeted and also involve a study of the groups of consumers, their preferences, tastes, etc☺

Answered by palakkumawat543
0

Answer:

hii hope its help u

Explanation:

Here are 9 factors that every entrepreneur must consider when selecting a perfect business location:

1) Demographics. ...

2) Style of Operation (+ Psychographics) ...

3) Nearness to Market and Foot Traffic. ...

4) Accessibility and Basic Infrastructure. ...

5) Competition. ...

6) Zoning/Permit Issues. ...

7) Proximity to other Businesses & Services.

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