Under which of the following situation an idea cannot be converted in to an opportunity: If there is a need in the market If the resources are available When the price is of product can attract the customers When the idea does not fill the need of the market

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Statement B: Tourism sector in Oman can be the great supporter in diversification of economy.
Under which of the following situation an idea cannot be converted in to an opportunity:
If there is a need in the market
If the resources are available
When the price is of product can attract the customers
When the idea does not fill the need of the market
Statement A: Small businesses are though small in nature but risks are high.
Statement B: Small business perfectly sits to those neonle who want to do business without tal
Transcribed Image Text:Statement B: Tourism sector in Oman can be the great supporter in diversification of economy. Under which of the following situation an idea cannot be converted in to an opportunity: If there is a need in the market If the resources are available When the price is of product can attract the customers When the idea does not fill the need of the market Statement A: Small businesses are though small in nature but risks are high. Statement B: Small business perfectly sits to those neonle who want to do business without tal
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