Question
State ment I : All ideas are opportunities. Statement II : An opportunity is an idea that has the qualities of being attractive, durable and timely. Which of the following options is correct?
The correct answer is
Statement I is incorrect while statement II is correct
Statement I is false and Statement II is true. An idea becomes a business opportunity only when it can meet a need and create value under viable conditions. Attractiveness, durability and timely market relevance distinguish opportunities from untested ideas.
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