Assessing Business Opportunities

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InexpensiveAlexandrite
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5 Questions

Which of the following is NOT a factor to consider when evaluating a business opportunity?

Location

What is the importance of market research?

Identifying profitable markets

What is the role of technology in business opportunity-seeking?

Enhancing product quality

What is the significance of suppliers in business opportunities?

They ensure steady access to raw materials

What are the steps involved in market research?

Gathering data, analyzing data, reaching a conclusion

Test your knowledge on the key factors to consider when evaluating a business opportunity. This quiz covers individual interests, capital requirements, necessary skills, reliable suppliers, efficient manpower, and the importance of technology.

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