Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:

A prospective entreprenuer has to find an opportunity which would be suitable for him/her in terms of customers to be served and profits expected. Suggest the correct sequence to convert idea into an enterprise.

(A) Identifying a product or service through innovation
(B) Setting up a project and nurturing it to success
(C) Opportunity spotting by analysing the needs and problems that exist in the Environment
(D) Evaluating the ideas received to from different sources find a creative solution

Choose the correct answer from the options given below:

Options:

(D), (C), (B), (A)

(A), (C), (D), (B)

(C), (D), (A), (B)

(D), (C), (A), (B)

Correct Answer:

(C), (D), (A), (B)

Explanation:

The correct answer is Option (2) → (C), (D), (A), (B)