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NextQ237

One of the keys to business success is to anticipate what the market will want or need. Since it is not possible for an entrepreneur to see into the future, there is one best way. The best way will help the entrepreneur to understand the market and produce goods or services accordingly.(a) Identify the concept stated in the above lines(b) Explain any three ways in which an entrepreneur can perform the activities related to concept identified.

Problem Identification & Idea FieldsStudy Simplify SpecialPYQ6Case_Based
Question 236
Passage
Dr. Bhim is a senior cardiologist and is concerned about the depleting health index. He researched and found that proper eating habits can improve the quality of life. He initiated 'MediBytes', a unique canteen, where the food is provided as per one's health needs. The food served at 'MediBytes' has no fast food and no aerated drinks. It provides zero oil food with all the basic nutrients required for the body. Initially these canteens were started in Hospitals but since people are becoming health conscious 'MediBytes' is planning to open their branches in other locations also
Question 13Case_Based
Identify and explain the idea field that was explored by Dr. Bhim?
Question 23LQ
State any two idea fields with examples other than the one identified in (a) above
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