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Question

Innovation & Entrepreneurship Question on Fundamentals of Business

A recently registered enterprise started first time the business of online food delivery services using drones in its locality. This type of business can be an example of

A

A new enterprise based on new business concept

B

An existing enterprise based on existing business concept

C

A New enterprise based on existing business concept

D

Existing Enterprise based on new business concept

Answer

A new enterprise based on new business concept

Explanation

Solution

The Correct option is (A): A new enterprise based on new business concept