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Questions and Answers
Which of the following is NOT a factor to consider when evaluating a business opportunity?
Which of the following is NOT a factor to consider when evaluating a business opportunity?
- Capital
- Individual interests
- Skills
- Location (correct)
What is the importance of market research?
What is the importance of market research?
- Increasing employee efficiency
- Finding role models
- Producing one's inputs
- Identifying profitable markets (correct)
What is the role of technology in business opportunity-seeking?
What is the role of technology in business opportunity-seeking?
- Enhancing product quality (correct)
- Providing access to raw materials
- Increasing capital
- Improving employee efficiency
What is the significance of suppliers in business opportunities?
What is the significance of suppliers in business opportunities?
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What are the steps involved in market research?
What are the steps involved in market research?
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