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An entrepreneur chooses between two ideas and selects the one with low cost, clear demand, and available skills. On what basis was the decision made?

Answer and explanation

Correct answer: व्यवहार्यता

Feasibility means examining whether an idea can be implemented successfully with available resources and conditions. Low cost supports financial feasibility, clear demand supports market feasibility, and available skills support operational feasibility. Therefore, the choice is based on feasibility rather than rumor, appearance, or luck.

Related tags

FeasibilityBusiness-IdeaEntrepreneurship DevelopmentMsme And Business EntrepreneurshipBusiness StudiesClass 11 Mcq

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