Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:
The students of a school in Yadadri Bhuvanagiri district of Telangana have come up with an innovative idea of ‘zero waste’ sanitary napkins in order to find a solution to the problem of sanitary waste. According to reports by ANI, the students are calling these sanitary napkins ‘Stree Raksha Pads’. The students of the Zilla Parishad High School (ZPHS) Mulkalapally have made these organic sanitary pads using fenugreek, sabja seeds, hyacinth, turmeric and neem. The Pads available in the market don’t decompose easily. To solve this problem, we made this pad made of organic materials. To find a solution to the prevailing sanitary waste issue, we have come up with an idea and have created sanitary pads from organic materials. The girls said that they wanted to do their bit in spreading awareness about menstruation and the benefits of using organic pads. They said that these pads not only help women during menstruation but also are eco-friendly. Identify the concept referred to in the case study. 
Options:
Problem identification
Trend spotting
Business opportunity
Vision and mission
Correct Answer:
Problem identification
Explanation:
1. Bring out new products in the market 2. Understand the problems and needs of the market (To find a solution to the prevailing sanitary waste issue) 
Problem identification: A problem is a roadblock in a situation, something that sets up a conflict and forces you to find a solution. When an entrepreneur identifies such a road block, he/she is said to have identified the problem.