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Subjects
Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsMediumLevel 47

In which example has an entrepreneur correctly identified a market opportunity?

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Answer and explanation

Correct answer: Starting a service after noticing demand for healthy lunch near schools

Starting service after seeing local demand is opportunity recognition. In exams, see demand and location together.

Tags

market opportunityhealthy lunchlocal demand

Frequently asked questions

What is the correct answer to this question?

Starting a service after noticing demand for healthy lunch near schools

Why is this the correct answer?

Starting service after seeing local demand is opportunity recognition. In exams, see demand and location together.

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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