ENTREPRENEURSHIP

Detailed explanation-1: -1) False. Not every business idea is proved to be a business opportunity. A business idea would be a business opportunity when it can make a profit. Besides, the product or services must need to create value for the customers.

Detailed explanation-2: -A business idea is a business opportunity only if it can make a profit for you. To us, a good business opportunity is represented by four pillars: The product or service must add significant value to a customer or end user. The product or service must solve a significant problem or satisfy a significant want or need.

Detailed explanation-3: -An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.