Assertion: Market assessment will require a study of prevailing innovations and changes being carried out by existing entrepreneurs.
Reasoning: Technological advancements in the field have to be analysed because they may change the quality and influence the cost and price ultimately.
Reasoning: Technological advancements in the field have to be analysed because they may change the quality and influence the cost and price ultimately.
Answer & explanation
Correct answer: option 2
Project innovation and change: Market assessment will require a study of prevailing innovations and changes being carried out by existing entrepreneurs. Technological advancements in the field have to be analysed because they may change the quality and influence the cost and price ultimately.