NextQ19

______ process of entrepreneurship involves the translation of a useful idea into an application which has commercial value.

Sensing Opportunities & Environment ScanningStudy Simplify SpecialPYQ1BlanksCase_Based
Question 18

Amit, an Entrepreneur, is always in touch with the changes taking place in the environment. He identifies opportunities and finds strategies to capitalise on these opportunities at the earliest. Sensing the requirement of providing reasonably priced food at their own place within no time with multiple options, he started the first online food network in India. Because of ______ advantage, he was able to capture more than 85% of the market share in no time.

18/238