Why sensing of opportunities is essential? …
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Why sensing of opportunities is essential? How sensing opportunity can be developed in an entrepreneur?
Posted by Vinod Roy 4 years, 3 months ago
- 3 answers
Robert Roy 2 years, 11 months ago
Bro can you share your class 12 project file for entrepreneurship
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Sia ? 4 years, 3 months ago
A business opportunity is an attractive economic idea which could be implemented to create a business, earn profits and ensure further growth. Entrepreneurs perceive opportunities quickly, synthesize the available information and analyse emerging patterns that escape the attention of other people.
To sense an entrepreneurial opportunity, an entrepreneur employs his sharpened skills of observation, analysis and synthesis to identify an opening. The most important factors involved in the process are: (i)Ability to perceive and preserve basic ideas which could be used commercially.
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