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Which example best shows opportunity identification?

Answer and explanation

Correct answer: Selling clean cold drinks after noticing rising summer demand

An entrepreneurial opportunity begins with noticing a genuine need and considering a practical way to satisfy it. In summer, people may seek refreshing drinks, so offering a clean and suitable product responds to an observable market need. The other choices ignore demand, feedback, or planning. Therefore, recognising the need and offering a solution represents opportunity identification.

Related tags

Opportunity-IdentificationMarket-NeedEntrepreneurship DevelopmentMsme And Business EntrepreneurshipBusiness StudiesClass 11 Mcq

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