UI Post-UTME Commerce 2025 (Model questions) Question 18

An entrepreneur setting up a new business should consider:
I. The nature of the product or service to offer
II. Sources of finance available
III. Market research and feasibility studies
IV. Only the potential profit, ignoring risks

1. A.I and IV only
2. B.I, II and III only
3. C.II, III and IV only
4. D.All of the above