10 Questions
Which factor is NOT one of the 12 Rs of Opportunity Screening?
Revenues
What is the importance of selecting an opportunity close to your interests as an entrepreneur?
It helps develop skills
What does the success of revenues depend on in opportunity screening?
Ability to strategize and develop a saleable product or service
What is the benefit of choosing an opportunity that fits well with unfulfilled customer wishes?
Higher chance of success
What is the potential for rapid development in opportunities that can be expanded by adding similar products or services, branches, or franchise outlets?
Reach
Which of the following is a characteristic of a good vision statement?
Simple and easy to remember
What does a mission statement describe?
The company's reason for existence
Which tense should be used when writing a vision statement?
Future tense
What is the recommended length for a vision statement?
2 sentences
Which person should a vision statement be written in?
First person
Test your knowledge on the 12 Rs of Opportunity Screening with this quiz. Learn about the important factors to consider when evaluating opportunities, such as relevance to vision, mission, and objectives, resonance to values, and reinforcement of entrepreneurial skills. Challenge yourself and see how well you understand the key principles of opportunity screening.
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