Write True if the statement is correct or False if the statement is incorrect.
Write your answer in the blank before each number.
1.Good products that fill a need will always sell well.
2.There is no such thing as 100% guarantee of success in business.
3.Most of the established business entities out there have only
one thing in common and that is "the human wants."
4.One must also remember that being in the business doesn't
involve a lot of risks.
5.The availability of resources in a particular area can also suggest
business opportunities,
6.Asking questions about what other people have experienced
in their business is not a great way to learn and get ideas.
7.You should not stop in making improvements and should be
innovative to produce diverse kinds of products with the use of
these raw materials.
8.A good business idea does not depend purely on intuition
or suggestion from others but is a product of good business
analysis.
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Answer:
1. True
2. True
3. False
4. False
5. True
6. False
7. True
8. True