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

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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Concept explainers

Exclusive Distribution

“Exclusive Distribution is the one where in a manufacturer or supplier authorizes one distributor to carry out the distribution work within a definite region.”

Question

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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