Practicing Success
Practicing Success
CUET Preparation Today
| Identify the incorrect element of Business Opportunity. |
Assured market scope Poor ROI Potential future growth Practicability of idea |
| Poor ROI |
| Business opportunity can be described as an economic idea which can be implemented to create a business enterprise and earn profits. A business opportunity may be described as an attractive economic idea which could be implemented to create a business, earn profits and ensure further growth. A business opportunity has five elements which are as follows: • Assured market scope • An attractive and acceptable rate of return on investment • Practicability of the idea • Competence of the entrepreneur to encash it • Potential of future growth |
