Assertion: A problem is an opportunity in a situation, something that sets up a conflict and forces you to find a solution.
Reasoning: Problem identification increases employment and national income. |
Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A. Both Assertion (A) and reasoning (R) are correct and but R is not the correct explanation of A. Assertion (A) is true but Reasoning (R) is not correct. Assertion (A) is not true but Reasoning (R) is correct. |
Both Assertion (A) and reasoning (R) are correct and but R is not the correct explanation of A. |
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. Uses of problem Identification: It helps the entrepreneur to: 1. Bring out new products in the market 2. Understand the problems and needs of the market 3. Be creative 4. Increase employment generation 5. Increase national income (of the country) |