Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:
Demand; Supply and nature of competition; Cost and price of product; Project innovation and change are steps of ___________.
Options:
Creativity
Market assessment
Trend spotting
Strategic positioning
Correct Answer:
Market assessment
Explanation:
Factors to be kept in mind while assessing the market  Demand  Supply and nature of competition  Cost and price of product  Project innovation and change