Question 1: “Generating a business idea is not good adequate. You should examine its preliminary viability as well.” Examine this statement in terms of the viability of a business.
Question 2: Briefly discuss how an opportunity to set up a new business through an entrepreneur is identified on the basis of an existing industry? Describe by using an illustration.
Question 3: What are the considerations which have to be kept in mind for the final selection of business opportunities? Discuss.
Question 4: Write short notes on the given:
a) Project Execution Time.
b) Exploratory- cum-Desk Study (or EDS)
c) Primary Research.
d) Utilities.