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In which example did an entrepreneur make a decision based only on excitement about an idea rather than evaluating the opportunity?

Answer and explanation

Correct answer: Invest because the idea seems appealing without checking demand

An attractive idea is only a starting point; an entrepreneur should check demand, costs, competition, and feasibility before investing. Option B describes investing without checking demand, so the decision is based on enthusiasm rather than evidence.

Related tags

Idea EvaluationMarket DemandEntrepreneurshipIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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