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Radha noticed a lack of healthy snacks in her area and started a small outlet. What does this illustrate?

Answer and explanation

Correct answer: Opportunity identification

Radha observed an unmet need and converted it into a possible business idea by offering a product to meet that need. This is opportunity identification, so A is correct. Starting an outlet does not itself mean wasting resources, leaving a job or avoiding the market; it represents responding to market demand.

Related tags

Opportunity-IdentificationNeedBusiness-IdeaEntrepreneurshipIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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