Classification of Innovative Business
CMAT 2021 · Innovation & Entrepreneurship · Easy · Innovation
A recently registered enterprise started first time the business of online food delivery services using drones in its locality. This type of business can be an example of
- A.
A new enterprise based on new business concept
- B.
An existing enterprise based on existing business concept
- C.
A New enterprise based on existing business concept
- D.
Existing Enterprise based on new business concept
Answer
A
Explanation
A newly registered enterprise deploying drone delivery for food represents a new enterprise executing a new business concept.
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