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Which combination does an entrepreneur consider while recognising an opportunity?

Answer and explanation

Correct answer: Problem, customer need and feasible solution

An entrepreneurial opportunity is stronger when it connects a genuine problem with a clearly identified customer need and a solution that can realistically be provided. Personal preference, a competitor’s name, or office location alone does not prove demand or feasibility. Therefore, option B combines the essential elements.

Related tags

Opportunity RecognitionCustomer NeedIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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