Write the meaning of product identification in terms of business opportunity.
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Identify and explain the process. Ans. The process is idea and opportunity assessment. (i)Product identification: An idea should lead the entrepreneur to a definite product/service which he can sell. ... If it is, then we should identify the reason for introducing the same product or service in the market.
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Answer:
The process is idea and opportunity assessment. (i)Product identification: An idea should lead the entrepreneur to a definite product/service which he can sell. ... If it is, then we should identify the reason for introducing the same product or service in the market.
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