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

In which situation has an entrepreneur converted opportunity recognition into a practical plan?

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Answer and explanation

Correct answer: Seeing local demand and preparing cost supply and delivery plan

An opportunity becomes practical when resources and operations are planned. In exams, look beyond idea to execution.

Tags

opportunity planningcostsupplydelivery

Frequently asked questions

What is the correct answer to this question?

Seeing local demand and preparing cost supply and delivery plan

Why is this the correct answer?

An opportunity becomes practical when resources and operations are planned. In exams, look beyond idea to execution.

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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