Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:
_________________ means identification of new trends.
Options:
Watching trend
Trend
Talk Trends
Trend spotting
Correct Answer:
Trend spotting
Explanation:
Trend spotting means identification of new trends. This will help the entrepreneur to understand the market and produce goods or provide services in sync with the market trends. Professional trend-spotters charge big money for reports and industry trend updates. But there are some entrepreneurs who spot these trends themselves.