CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipEntrepreneurial Opportunity3 Marks
Question
Explain ability to perceive and preserve basic ideas as an important factor in sensing opportunities.
✓
Answer
An opportunity is an idea that is based on what consumers want. Basic ideas emerge from different sources and an entrepreneur is open to receive these ideas. For this an entrepreneur should have good networking abilities and must have the ability to recognise and nurture the potential ideas into a venture.
Example of Shiv Nadar.
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