All ideas may not become a sound business opportunity. Therefore we need to assess the idea and opportunity by following a correct sequence. Rearrange the steps in the correct order.

A. Level of operation

B. Product identification

C. Cost of production

D. Competition

E. Application and use

Choose the correct answer from the options given below:

B, E, A, C, D

The correct answer is option (2) - B, E, A, C, D