enterprenuship

The ability of a product to provide solutions is known as its

• utility

• action

When utility is created due to a change in the shape or structure of existing material, it is called utility

Utility created by a change in a product’s place.

• time

• place

• form

For example, Smartphone Apps, services of a doctor, etc all of these provide -- utility

• form

• service

• place

• possession

Cold drinks have more utility in the summer season; Torch during the nights. all this is a example of

• time

• place

• form

It involves selling a product to the customers based on its utility. The process of setting up a business is known as --------

This step involves knowing who you are. What are your likes & dislikes? Analysing your strengths and weaknesses.

This step is about doing the research in the form of a formal plan to convert your idea into a business. Without the right plan to start a business, your idea is merely a thought.

• planning

• evaluating ideas

• discovering your self

---

is one of the most difficult tasks for an upcoming entrepreneur since it involves money to be invested by the people

• rasing initial capital

• planning

• descovering

• looking for opportunity

importance of enterpreuniship

• • Creation of Employment 

• Innovation

• Impact on Society and Community Development

• Research & Development

• all of the above