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

In which situation would an entrepreneur's opportunity recognition be considered incomplete?

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Answer and explanation

Correct answer: Opening a large business immediately without study after seeing a problem

After identifying opportunity, feasibility must also be checked. In exams, consider both opportunity and feasibility.

Tags

opportunity recognitionfeasibilitymarket study

Frequently asked questions

What is the correct answer to this question?

Opening a large business immediately without study after seeing a problem

Why is this the correct answer?

After identifying opportunity, feasibility must also be checked. In exams, consider both opportunity and feasibility.

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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