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Entrepreneurial Opportunity — Entrepreneurship STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipEntrepreneurial Opportunity3 Marks
Question
Explain ‘ability to harness different sources of knowledge and information’ and ‘vision and creativity’ as important factors in sensing opportunities.
✓

Answer

Ability to harness different sources of knowledge and information: The information gathered from different sources has to be analyzed and utilised for the identification of the right opportunity.
Vision and creativity: The creativity of an entrepreneur makes him different from others. The vision to foresee the future and creativity helps him to convert the ideas or problems into a successful venture.

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