What should be the most appropriate basis for an entrepreneur while identifying an opportunity?
Answer and explanation
Correct answer: बाजार की वास्तविक समस्या
A strong opportunity usually begins with a genuine problem or unmet need in a market. The entrepreneur should investigate who experiences it, how serious it is and whether a feasible solution can create value. Friends’ opinions, copying another business or making a sudden decision may offer clues, but they are not sufficient evidence.
Frequently asked questions
What is the correct answer to this question?
बाजार की वास्तविक समस्या
Why is this the correct answer?
A strong opportunity usually begins with a genuine problem or unmet need in a market. The entrepreneur should investigate who experiences it, how serious it is and whether a feasible solution can create value. Friends’ opinions, copying another business or making a sudden decision may offer clues, but they are not sufficient evidence.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
