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Entrepreneurial Opportunity — Entrepreneurship STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipEntrepreneurial Opportunity3 Marks
Question
Enumerate two important points that an entrepreneur has to ensure before selecting an opportunity.
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Answer

Before selecting an opportunity, the entrepreneur has to ensure two things:
  1. There should be a good market for the product he is going to introduce/ produce.
  2. The rate of return on the investment should be maximum and attractive and can be accepted by him.

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