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What is a business opportunity?

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What is a business opportunity?

    • Posted by Rahul Ghosh 3 years ago

    CBSE > Class 12 > Entrepreneurship
    • 3 answers

    Sia ? 3 years ago

    A business opportunity involves sale or lease of any product, service, equipment, etc. that will enable the purchaser-licensee to begin a business.

    2Thank You

    Shradha Tripathy 2 years, 8 months ago

    Profits*^

    0Thank You

    Shradha Tripathy 2 years, 8 months ago

    Buisness opportunity can be described as an economic idea which can be implemented to create a buisness enterprise and earn p

    1Thank You

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    Posted by Manav Sharma 9 months, 3 weeks ago

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    Aneesh, a young entrepreneur, wishes to take his family business of designer fabrics to greater heights with the knowledge he has acquired at National Institute of Fabric Development'. His father gave him 25 lakh as a seed capital to start his own new product line under the family business. Aneesh is venturing into leather and faux leather for which he needs to plan his business before he goes ahead with the execution. He knows that transformation of raw material into finished products takes place with the help of energy, capital, manpower and machinery. Further, he realised that manufacturing operations are highly complex and tedious, hence need to well planned. (a) Identify the component of business plan Aneesh is discussing about. Also state its objective. (b) Explain the three different options available before the venture.

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