Entrepreneurship, Module-1 - Practice Mode

1) A business idea should__________________?.
Correct Answer: Fulfill customer needs or solve their problems
2) A good business idea for a young or new entrepreneur should be sustainable. This means____________.
Correct Answer: It is planned for the present and future business growth
3) A good business idea should be__________.
Correct Answer: unique, sustainable & low on investment
4) Low investment business plan means__________
Correct Answer: The plan needs a small amount to start a business
5) Unique Selling Proposition or USP of a business plan refers to__________.
Correct Answer: A special or different idea for a business