Entrepreneurship Opportunity Seeking Framework

Analyzing the market need, determining possible products or services, screening proposed solutions, selecting the best product or service.

Scanning the Marketing Environment.

Reflecting the bright light that can only come from God.

<p>To do what is pleasing to God.</p> Signup and view all the answers

<p>Seeking the opportunity</p> Signup and view all the answers

<p>An entrepreneur’s business idea that can potentially become a commercial product or service in the future</p> Signup and view all the answers

<p>STEEPLED (Sociocultural, Technological, Economic, Environmental, Political, Legal, Ethical, Demographic), Industry, New Discovery or Knowledge, Futuristic Opportunities</p> Signup and view all the answers

<p>Due to the number of options that the entrepreneur will have to choose from</p> Signup and view all the answers

<p>Focused group discussion (FGD)</p> Signup and view all the answers

<p>a) no destructive criticism or judgment is allowed, b) wilder ideas are accepted, c) more ideas are preferred, d) improvement of others' ideas is allowed</p> Signup and view all the answers

<p>Brainwriting is done in writing or online, not face-to-face like brainstorming.</p> Signup and view all the answers

<p>Problem inventory analysis is a method of generating ideas by identifying recurring problems or situations without hope for a solution, which can lead to business opportunities.</p> Signup and view all the answers