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Which step helps an entrepreneur identify what product is in demand before starting a business?

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Question

Which step helps an entrepreneur identify what product is in demand before starting a business?

Options

  • Register the business.

  • Review and Improve.

  • Study the Business Environment.

  • Arrange Finance.

MCQ
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Solution

Study the Business Environment.

Explanation:

Studying the business environment includes market research to understand current trends and customer demands, helping select suitable products.

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