Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:
Akash and Ridhima are in the tourism industry and decide to launch a chain of hotels where they plan to have luxurious rooms for the tourists to stay.  Along with this the plan is to have eight restaurants in each hotel, each restaurant catering to a particular  cuisine being offered in different states of India, like Punjabi, Goan, Rajasthani, Assamese, Kashmiri, Maharashtrian, Bengali and South Indian food.Which idea field have Akash and Ridhima tapped ?
Options:
Service sector
Trading related
Market driven or demand driven
All of the above
Correct Answer:
Service sector
Explanation:
Entrepreneurial opportunities are not only restricted to the manufacturer. Service sector is the most growing field these days, the world over, thanks to emerging knowledge societies and advancements in Information and Technology.