Question
Entrepreneurship Question on Small Business and Entrepreneurship
A prospective entreprenuer has to find an opportunity which would be suitable for him/her in terms of customers to be served and profits expected. Suggest the correct sequence to convert idea into an enterprise.
(A) Identifying a product or service through innovation
(B) Setting up a project and nurturing it to success
(C) Opportunity spotting by analysing the needs and problems that exist in the Environment
(D) Evaluating the ideas received to from different sources find a creative solution
Choose the correct answer from the options given below:
A
(D), (C), (B), (A)
B
(A), (C), (D), (B)
C
(C), (D), (A), (B)
D
(D), (C), (A), (B)
Answer
(C), (D), (A), (B)
Explanation
Solution
The correct option is(C): (C), (D), (A), (B)