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Subjects
Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsEasyLevel 46

How does an entrepreneur identify opportunity?

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Answer and explanation

Correct answer: By understanding customer needs

Understanding customer needs can create a good enterprise opportunity. Exam tip: treat need identification as a base of entrepreneurship.

Tags

home-scienceentrepreneurshipopportunity

Frequently asked questions

What is the correct answer to this question?

By understanding customer needs

Why is this the correct answer?

Understanding customer needs can create a good enterprise opportunity. Exam tip: treat need identification as a base of entrepreneurship.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Entrepreneurship: definition and characteristics.

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