CSEET · Economic and Business Environment · Entrepreneurship Scenario
A new entrepreneur finds that she can easily generate business ideas but cannot judge which ones deserve investment. Which skill gap is this mainly?
The gap is weak opportunity evaluation ability. She can generate ideas but cannot screen them by demand, competition, cost and risk, so she cannot decide which idea merits investment. Registration, surplus capital or unions have no bearing on this problem.
- AWeak opportunity evaluation abilityCorrect
- BLack of statutory registration
- CExcess of working capital
- DAbsence of a trade union
Explanation
Generating ideas is different from screening them. Screening needs analysis of demand, competition, costs and risk. Her difficulty lies in that evaluation step, not in registration, capital surplus or labour matters.
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