Target Exam

CUET

Subject

Business Studies

Chapter

Entrepreneurship Development

Question:

_______ may be described as an attractive economic idea which could be implemented to create a business, earn profits and ensure further growth.

Options:

Creativity

Business enterprise

Business Opportunity

Entrepreneurial Effort

Correct Answer:

Business Opportunity

Explanation:

The correct answer is Option (3) → Business Opportunity

A Business Opportunity is an attractive economic idea that could be developed into a viable business, with the potential to earn profits and achieve long-term growth.

Here is why the other options are less appropriate:

  • Creativity: This is the ability to generate new ideas, but it is not the idea itself.

  • Business enterprise: This is the actual organization or company created to implement the idea.

  • Entrepreneurial Effort: This refers to the action, energy, and work put in by the entrepreneur, not the underlying idea.