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If an entrepreneur identifies an opportunity but does not assess risk and resources, what will be the biggest weakness?

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Answer and explanation

Correct answer: Incomplete entrepreneurial planning

Opportunity must be understood with risk and resources. Exam tip: remember entrepreneurship as a complete process.

Tags

home-scienceentrepreneurshipplanning

Frequently asked questions

What is the correct answer to this question?

Incomplete entrepreneurial planning

Why is this the correct answer?

Opportunity must be understood with risk and resources. Exam tip: remember entrepreneurship as a complete process.

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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