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Subjects

In identifying a business opportunity, what does an entrepreneur usually examine first?

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Answer and explanation

Correct answer: लोगों की समस्या या अधूरी जरूरत पर

Many business opportunities begin with an unmet need, inconvenience, or recurring problem faced by people. The entrepreneur investigates whether a useful solution can be designed and whether enough people may value it. Personal preferences or copying a neighbour do not establish a viable opportunity, and starting without thought skips essential analysis. Thus, option A identifies the appropriate starting point.

Tags

opportunity-identificationcustomer-needsEntrepreneurship DevelopmentMSME and Business EntrepreneurshipBusiness StudiesClass 11 MCQ

Frequently asked questions

What is the correct answer to this question?

लोगों की समस्या या अधूरी जरूरत पर

Why is this the correct answer?

Many business opportunities begin with an unmet need, inconvenience, or recurring problem faced by people. The entrepreneur investigates whether a useful solution can be designed and whether enough people may value it. Personal preferences or copying a neighbour do not establish a viable opportunity, and starting without thought skips essential analysis. Thus, option A identifies the appropriate starting point.

Which subject and chapter does this question cover?

This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.

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