ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Over $19 billion is spent annually on pet grooming and related services, but more importantly, the pet care industry is growing by about 4% annually. This information is an example of:
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Market Research
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Biological Research
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Industrial Management
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Time Management
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Explanation:
Detailed explanation-1: -At a high-level, the 3S Process consists of story, strategy, and solution (Figure 2).
Detailed explanation-2: -Opportunity screening is the process by which entrepreneurs evaluate innovative product ideas, strategies, and marketing trends.
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