Question:

Every new business opportunity is —

Show Hint

A true entrepreneur recognizes the uniqueness of every opportunity and tailors strategies accordingly.
  • Easy
  • Difficult
  • Unique
  • None of these
Hide Solution
collegedunia
Verified By Collegedunia

The Correct Option is C

Solution and Explanation

Step 1: Understanding Business Opportunity.
A business opportunity refers to a situation that allows an entrepreneur to start a new venture by offering a product or service that meets customer needs.
Every business idea must have novelty, feasibility, and profitability.
Step 2: Why business opportunities are unique.
Each business opportunity is unique because it depends on specific market conditions, customer demands, timing, and available resources.
No two business opportunities are identical since they arise from different circumstances and require innovative approaches.
Step 3: Analysis of options.
- (1) Easy: Incorrect — business opportunities are rarely easy; they involve effort and risk.
- (2) Difficult: Partially true but not defining; difficulty varies by context.
- (3) Unique: Correct — every opportunity has its own distinct nature and scope.
- (4) None of these: Incorrect.
Step 4: Conclusion.
Thus, every new business opportunity is unique.
Was this answer helpful?
0
0