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Instead of copying a popular market idea, an entrepreneur identifies an unmet customer need. Which quality does this show?

Answer and explanation

Correct answer: Originality in opportunity recognition

An unmet customer need can become a business opportunity when the entrepreneur develops a useful solution for it. Looking for such a gap requires observation, originality and initiative rather than simply reproducing an existing idea. The scenario does not primarily concern discipline, financial control or risk avoidance. It shows opportunity recognition with an original direction.

Related tags

Opportunity-RecognitionOriginalityCustomer-NeedQualities And Functions Of An EntrepreneurEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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