Download App

Entrepreneurial Opportunity — Entrepreneurship STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipEntrepreneurial Opportunity4 Marks
Question
How the uses of problem identification helps an entrepreneur?
✓

Answer

  1. It helps an entrepreneur to bring out new products in the market.
  2. It helps him to understand the problems and needs of the market.
  3. Helps the entrepreneur to be creative.
  4. Increase in employment generation.
  5. Increase in national income of the country.
For example, Instant noodles, Ready to eat food, Easy to drink.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "4 Marks Question" from Entrepreneurial Opportunity→Entrepreneurial Opportunity — all question types→Entrepreneurship STD 12 Commerce question papers→CBSE Board STD 12 Commerce question papers→CBSE Board question paper generator→

Similar questions

Describe the form of assistance provided by SIDBI to the industrial concern.
→
Varshini started her high end boutique in a posh locality, but she was not aware of how to make her boutique popular in the area. Suggest some measures for it.
→
What are the disadvantages of franchising to the franchisee?
→
Harish is working as the chief accountant in ABC infrastructure Ltd. He came to know that the company is planning to announce an interim dividend. He purchased 2000 shares of the Co. at the market price of Rs. 215 with the expectation of an appreciation in the market price. When the price increased to Rs. 537 he sold his holdings & made a handsome profit. Name the related concept which social values have been affected here?
→
Answer each of these questions in about one hundred and fifty words:
When can an entrepreneur seek venture capital financing?
→
What is working capital? What is the need for working capital? What value is exhibited by the business by maintaining adequate working capital?
→
Ramu is buying and selling ice-cream. Explain his working capital= requirements.
→
What are the main features of feasibility plan?
→
Explain different types of brand name.
→
What is a Private Company?
→