Practice Ability to Identify Opportunities - 2.2.6 | 2. Entrepreneurship | ICSE Class 11 Business Studies
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2.2.6 - Ability to Identify Opportunities

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is a market opportunity?

💡 Hint: Think about what products you wish existed.

Question 2

Easy

Can you name an example of an unmet need?

💡 Hint: Consider what information you struggle to find.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What defines a market opportunity?

  • A surplus of existing products
  • A gap for a service or product
  • An established market trend

💡 Hint: Think of markets that are under-served.

Question 2

True or False: Identifying unmet needs is unnecessary for a successful business.

  • True
  • False

💡 Hint: Consider successful entrepreneurs who addressed these needs.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Identify a recent technological innovation and assess it in terms of market opportunity, innovation, and risks.

💡 Hint: Look at current trends in health and fitness.

Question 2

Create a pitch for a new product that addresses an unmet need you experience daily. Describe its innovative features and potential challenges.

💡 Hint: Consider your daily inconveniences.

Challenge and get performance evaluation