Download App

Entrepreneurial Opportunity — Entrepreneurship STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipEntrepreneurial Opportunity1 Mark
Question
What is the basic test for a successful entrepreneur?
✓

Answer

The basic test of a successful entrepreneur is the identification of business opportunity in the environment and initiating steps to produce and sell goods and services to make use of the opportunity.

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 "1 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

What is Follow-up?
→
Ritika produces goods not for the purpose of sale but for personal consumption. Will it be a business activity? Why?
→
What are components of marketing mix in typical sense and also in the recent?
→
Answer each of these questions in about fifteen words:
What is Right Issue?
→
What will be the level of operation for automobile spare parts?
→
Answer each of these questions in about fifteen words:
What do you understand by finance?
→
Name the institution which owned an asset but allowed to be used by industrial concerns for a consideration called lease Rent.
→
Give examples of patentable inventions.
→
Identify the intermediaries involved in the indirect-selling mode.
→
Name one financial institution which was set up by IDBI at the instance of the Government of India in April 1971 for rehabilitation of sick industrial companies.
→