ENTREPRENEURIAL OPPORTUNITIES
IDENTIFYING AND EVALUATING BUSINESS OPPORTUNITIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The purpose of the oral presentation is to interest potential ____ in reading the detailed business plan.
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consumers
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partners
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investors
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sales people
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Explanation:
Detailed explanation-1: -resource feasibility is NOT a feasibility analysis criterion.
Detailed explanation-2: -Also called the critical window, a window of opportunity is the short period of time within which some action can be taken that will achieve a desired outcome. Once this period is over, or the “window is closed, ‘’ the chance to take the opportunity is no longer possible.
Detailed explanation-3: -In this regard, opportunity recognition is based on three important factors: (1) the active search for an opportunity, (2) the alertness to perceive an opportunity and (3) prior knowledge of and experience in an industry. This pattern recognition proceeds on the basis of either exemplar models or prototypes or both.
There is 1 question to complete.