Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:
Supplying timber to the furniture manufacturer comes under which idea field?
Options:
Natural resource
Trading related ideas
Market driven or demand driven ideas
None of the options
Correct Answer:
Natural resource
Explanation:
Ideas can be generated based on natural resources. A product or service may be desired from forest resources, agriculture, horticulture, mineral, animal husbandry, wind, sun and human resource. A further exercise with a field may generate many useful product ideas.