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Subjects

In which situation is it most suitable to move forward with a business idea?

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Answer and explanation

Correct answer: जब समस्या वास्तविक हो और ग्राहक भुगतान को तैयार हों

An idea deserves further testing when it addresses a real problem and potential customers show willingness to pay for the solution. Payment willingness is evidence of perceived value, although costs, competition and feasibility still need examination. No interest, attractive words alone or absence of planning gives insufficient support for proceeding.

Tags

business ideaviabilityEntrepreneurship DevelopmentMSME and Business EntrepreneurshipBusiness StudiesClass 11 MCQ

Frequently asked questions

What is the correct answer to this question?

जब समस्या वास्तविक हो और ग्राहक भुगतान को तैयार हों

Why is this the correct answer?

An idea deserves further testing when it addresses a real problem and potential customers show willingness to pay for the solution. Payment willingness is evidence of perceived value, although costs, competition and feasibility still need examination. No interest, attractive words alone or absence of planning gives insufficient support for proceeding.

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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