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UGC NET Exam  >  UGC NET Questions  >  A business idea becomes a good business oppor... Start Learning for Free
A business idea becomes a good business opportunity when it comes which four of the following?
Attractiveness
Foreign collaboration
Political Support
Timeliness
Durability
Value addition to end user
  • a)
    (2), (3), (5) and (6)
  • b)
    (1), (2), (4) and (5)
  • c)
    (1), (4), (5), and (6)
  • d)
    (1), (2), (5) and (6)
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
A business idea becomes a good business opportunity when it comes whic...
A business idea can become business opportunity if it is attractive. People can get something different.
Customer will get satisfaction after using that product. It should be on reasonable price. There should be a time frame to work on idea.
There must be durability. There should be potential in business idea and product cost must be low and product should be durable.
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Most Upvoted Answer
A business idea becomes a good business opportunity when it comes whic...
A business idea can become business opportunity if it is attractive. People can get something different.
Customer will get satisfaction after using that product. It should be on reasonable price. There should be a time frame to work on idea.
There must be durability. There should be potential in business idea and product cost must be low and product should be durable.
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A business idea becomes a good business opportunity when it comes whic...
Explanation:

Attractiveness:
- A business opportunity should be attractive in terms of its market potential, profitability, and growth prospects.
- The opportunity should be able to attract customers, investors, and other stakeholders.

Foreign Collaboration:
- Foreign collaboration can bring in new technologies, resources, markets, and expertise to the business opportunity.
- It can help the business expand internationally and access new opportunities.

Political Support:
- Political support is crucial for the success of a business opportunity.
- It can help in obtaining necessary approvals, licenses, and permits, as well as in navigating regulatory challenges.

Timeliness:
- Timeliness is important as a business opportunity should be timely in meeting market demands and trends.
- Being ahead of competitors and being able to capitalize on the opportunity at the right time is critical for success.

Durability:
- A good business opportunity should have durability in terms of sustainability and long-term viability.
- It should be able to withstand market fluctuations and changes in the business environment.

Value Addition to End User:
- Value addition to the end-user is essential as it ensures that the business opportunity meets the needs and preferences of the target market.
- Providing value-added products or services can help differentiate the business from competitors and build customer loyalty.
Therefore, a business idea becomes a good business opportunity when it possesses Foreign Collaboration, Political Support, Timeliness, and Value Addition to End User. These factors contribute to the attractiveness, sustainability, and success of the business opportunity.
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Similar UGC NET Doubts

Direction: Read the passage carefully and choose the best answer to each question out of the four alternatives.It is not good manners to stop a person on the street or in a shop, or in the performance of any duty and to talk to him for ten, fifteen, or twenty minutes just to pass the time of day. We can tell that a person is in a hurry to get somewhere, or he is doing something, and we know enough not to interrupt him for any length of time. Yet some of us think nothing of calling someone on the telephone, interrupting him without a thought about what he may be doing, and chattering away, forgetting about time or anything else. Perhaps we don’t consider our telephone conversation an interruption because we don’t see what we have interrupted. Naturally, we must observe the common courtesies over the telephone. But we must remember that one of the courtesies of telephoning is to be brief.Never ask anybody to guess who you are? The person you are telephoning may not be in a guessing mood. If you know him, you may want to ask after the state of his health and that of his family, but as soon as you possibly can, go get on with your business. He certainly wants to know why you are telephoning him. When you are finished with your business, you might take moment to observe the natural courtesies of conversation, expressing your thanks before ending your call.From the way the telephone is used in your home, you would hardly suspect that this is an instrument on which very important business transactions are conducted. There are times when even you are called upon to be business-like, brief, and effective on the telephone.Q. How can we make the best use of a telephone?

Direction: Read the passage carefully and choose the best answer to each question out of the four alternatives.It is not good manners to stop a person on the street or in a shop, or in the performance of any duty and to talk to him for ten, fifteen, or twenty minutes just to pass the time of day. We can tell that a person is in a hurry to get somewhere, or he is doing something, and we know enough not to interrupt him for any length of time. Yet some of us think nothing of calling someone on the telephone, interrupting him without a thought about what he may be doing, and chattering away, forgetting about time or anything else. Perhaps we don’t consider our telephone conversation an interruption because we don’t see what we have interrupted. Naturally, we must observe the common courtesies over the telephone. But we must remember that one of the courtesies of telephoning is to be brief.Never ask anybody to guess who you are? The person you are telephoning may not be in a guessing mood. If you know him, you may want to ask after the state of his health and that of his family, but as soon as you possibly can, go get on with your business. He certainly wants to know why you are telephoning him. When you are finished with your business, you might take moment to observe the natural courtesies of conversation, expressing your thanks before ending your call.From the way the telephone is used in your home, you would hardly suspect that this is an instrument on which very important business transactions are conducted. There are times when even you are called upon to be business-like, brief, and effective on the telephone.Q. Be business-likeWhen we telephone, we must

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A business idea becomes a good business opportunity when it comes which four of the following?AttractivenessForeign collaborationPolitical SupportTimelinessDurabilityValue addition to end usera)(2), (3), (5) and (6)b)(1), (2), (4) and (5)c)(1), (4), (5), and (6)d)(1), (2), (5) and (6)Correct answer is option 'C'. Can you explain this answer?
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A business idea becomes a good business opportunity when it comes which four of the following?AttractivenessForeign collaborationPolitical SupportTimelinessDurabilityValue addition to end usera)(2), (3), (5) and (6)b)(1), (2), (4) and (5)c)(1), (4), (5), and (6)d)(1), (2), (5) and (6)Correct answer is option 'C'. Can you explain this answer? for UGC NET 2025 is part of UGC NET preparation. The Question and answers have been prepared according to the UGC NET exam syllabus. Information about A business idea becomes a good business opportunity when it comes which four of the following?AttractivenessForeign collaborationPolitical SupportTimelinessDurabilityValue addition to end usera)(2), (3), (5) and (6)b)(1), (2), (4) and (5)c)(1), (4), (5), and (6)d)(1), (2), (5) and (6)Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UGC NET 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A business idea becomes a good business opportunity when it comes which four of the following?AttractivenessForeign collaborationPolitical SupportTimelinessDurabilityValue addition to end usera)(2), (3), (5) and (6)b)(1), (2), (4) and (5)c)(1), (4), (5), and (6)d)(1), (2), (5) and (6)Correct answer is option 'C'. Can you explain this answer?.
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