Question:
What is the role of demand in Entrepreneurship?
What is the role of demand in Entrepreneurship?
Updated On: Jan 13, 2026
Hide Solution
Verified By Collegedunia
Solution and Explanation
Demand plays a critical role in entrepreneurship as it determines the market potential for a product or service. Entrepreneurs identify and analyze customer needs and preferences to develop offerings that fulfill those demands, ensuring business growth and success.
Was this answer helpful?
0
0
Questions Asked in CBSE X exam
Leaves of the sensitive plant move very quickly in response to ‘touch’. How is this stimulus of touch communicated and explain how the movement takes place?
- CBSE Class X - 2025
- Plant Biology
- Rama is a farmer. She needs loan for agriculture work. Which of the following sources of loan will be beneficial for Rama? Choose the most appropriate option:
I. Bank
II. Agricultural Trader
III. Self-Help Group
IV. Government- CBSE Class X - 2025
- Money and Credit
Read the following sources of loan carefully and choose the correct option related to formal sources of credit:
(i) Commercial Bank
(ii) Landlords
(iii) Government
(iv) Money Lende- CBSE Class X - 2025
- Money and Credit
- Two statements are given below. They are Assertion (A) and Reason (R). Read both the statements carefully and choose the correct option. Assertion (A): Rupees is accepted as medium of exchange in India.
Reason (R): The World Bank legalises the use of rupee as a medium of payment in India.- CBSE Class X - 2025
- Money and Credit
- Rama is a farmer. She needs loan for agriculture work. Which of the following sources of loan will be beneficial for Rama? Choose the most appropriate option. I. Bank
II. Agricultural Trader
III. Self-Help Group
IV. Government- CBSE Class X - 2025
- Money and Credit
View More Questions