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A student noticed demand for healthy snacks outside the school and started a low-cost stall. Which core element of entrepreneurship is most clearly shown?

Answer and explanation

Correct answer: Opportunity recognition

The student observed a customer need and converted it into a possible product or service. Recognising an unmet demand is the first important step in identifying an entrepreneurial opportunity; later steps may include planning, testing and resource organisation. A is correct, while spending money, receiving a salary or copying others does not explain the central action.

Related tags

EntrepreneurshipOpportunity RecognitionSchool BusinessInnovationIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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