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Chapter 1 of 6
Concept Maps

Entrepreneurial Opportunity — Concept Maps

CBSE · Class 12 · Entrepreneurship

4 concept maps of Entrepreneurial Opportunity for CBSE Class 12 Entrepreneurship, each also written out as a text outline.

5 concepts

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A diagram illustrating the five key elements that define a viable business opportunity: assured market scope, attractive rate of return, practicability, entrepreneur's competence, and potential for fu
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4 Concept Maps

Entrepreneurial Opportunity - Complete Concept Map

Entrepreneurial Opportunity - Complete Concept Map

The map in words

  • Entrepreneurial Opportunity
    • Business Opportunity
      • Economic Idea
      • Profit Generation
      • Market Scope
      • Attractive ROI
      • Practicability
      • Competence
      • Growth Potential
    • Sensing Opportunities
      • Basic Ideas
        • Problems
        • Changes
        • Inventions
        • Competition
        • Innovation
      • Information Sources
        • Publications
        • Trade Shows
        • Customers
        • Networking
      • Vision Creativity
        • Solution Identification
        • Strategic Thinking
    • Environment Scanning
      • PESTEL Analysis
        • Political
        • Economic
        • Social
        • Technological
        • Ecological
        • Legal
      • Benefits
        • First Mover Advantage
        • Strategy Formulation
        • Resource Optimization
        • Better Performance
    • Idea Generation
      • Idea Fields
        • Natural Resources
        • Existing Products
        • Market Driven
        • Trading Related
        • Service Sector
        • Creative Efforts
    • Opportunity Assessment
      • Product Identification
      • Market Assessment
      • Competition Analysis
      • Cost Analysis
      • Technical Feasibility
    • Trend Spotting
      • Read Trends
      • Talk Trends
      • Watch Trends
      • Think Trends
    • Innovation Process
      • Creativity
        • Idea Germination
        • Preparation
        • Incubation
        • Illumination
        • Verification
      • Commercial Application
        • Analytical Planning
        • Resource Organization
        • Implementation
        • Market Delivery

Entrepreneurial Opportunity Framework

Entrepreneurial Opportunity Framework

The map in words

  • Entrepreneurial Opportunity
    • Business Opportunity
      • Market Scope
      • Return on Investment
      • Practicability
      • Competence
      • Growth Potential
    • Environmental Scanning
      • PESTEL Analysis
        • Political
        • Economic
        • Social
        • Technological
        • Ecological
        • Legal
      • Internal Factors
      • External Factors
    • Idea Generation
      • Natural Resources
      • Existing Products
      • Market Driven
      • Trading Related
      • Service Sector
      • Creative Efforts
    • Opportunity Assessment
      • Product Identification
      • Market Assessment
      • Competition Analysis
      • Cost Evaluation

Entrepreneurial Opportunity Concept Map

Entrepreneurial Opportunity Concept Map

The map in words

  • Entrepreneurial Opportunity
    • Business Opportunity
      • Market Scope
      • Return on Investment
      • Practicability
      • Growth Potential
    • Sensing Opportunities
      • Problem Identification
      • Change Recognition
      • Innovation Potential
      • Vision and Creativity
    • Environment Scanning
      • PESTEL Analysis
        • Political
        • Economic
        • Social
        • Technological
        • Ecological
        • Legal
      • Internal Factors
      • External Factors
    • Idea Fields
      • Natural Resources
      • Existing Products
      • Market Driven
      • Trading Related
      • Service Sector
      • Creative Efforts
    • Transformation Process
      • Product Identification
      • Market Assessment
      • Competition Analysis
      • Financial Viability
    • Trend Spotting
      • Read Trends
      • Talk Trends
      • Watch Trends
      • Think Trends

Entrepreneurial Opportunity

Entrepreneurial Opportunity

The map in words

  • Entrepreneurial Opportunity
    • Business Opportunity Definition
    • Elements of Business Opportunity
    • Opportunity Sensing
    • Environment Scanning
    • Idea Generation
    • Opportunity Assessment

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Frequently Asked Questions

What are the important topics in Entrepreneurial Opportunity for CBSE Class 12 Entrepreneurship?
Key topics in Entrepreneurial Opportunity include Understanding Business Opportunities, Sensing and Perceiving Opportunities, Environment Scanning and Analysis, Idea Generation and Idea Fields. Study these first, then practise questions on each for the CBSE Class 12 board exam.
What do the concept maps for Entrepreneurial Opportunity show?
The 4 maps show how the ideas in Entrepreneurial Opportunity connect: Entrepreneurial Opportunity - Complete Concept Map; Entrepreneurial Opportunity Framework. Each map is also written out as an outline on this page.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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