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An entrepreneur finds through a survey that customers want the product only if delivery occurs within one day. Which conclusion is most accurate?

Answer and explanation

Correct answer: Demand exists but operational capability will determine the opportunity's success

The survey identifies a demand condition: speed of delivery is part of the value customers expect. The entrepreneur must check whether inventory, suppliers, staff, transport, location, and cost can reliably support one-day delivery. Thus market demand and operational feasibility must be evaluated together.

Related tags

Operational FeasibilityDeliveryIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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