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A student notices demand for nutritious snacks near a school and starts a small venture to meet it. What is this the best example of?

Answer and explanation

Correct answer: Opportunity recognition

The correct answer is A because the student identifies an unmet or insufficiently served need and develops a business response to it. Observing demand is the first step; planning a suitable nutritious snack venture converts that observation into a possible entrepreneurial opportunity. The example does not say that the student is copying another person, avoiding a problem, or spending without a plan. Opportunity recognition involves noticing a need and assessing whether a useful product or service can address it.

Related tags

Opportunity-RecognitionNeed-IdentificationStudent-EntrepreneurshipEntrepreneurship DevelopmentMsme And Business EntrepreneurshipBusiness StudiesClass 11 Mcq

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