Recognizing Opportunities and Generating Ideas
1
What is an opportunity in the context of entrepreneurship?
2
What do entrepreneurs do when they recognize an opportunity gap?
3
Which of the following is not listed as one of the most important trends for entrepreneurs to observe?
4
Political and regulatory changes refer to:
5
Why is observing trends important for entrepreneurs?
6
Which of the following is an example of an economic trend creating a favorable opportunity?
7
What is a gap in the marketplace?
8
Which of the following characteristics can make a person better at recognizing business opportunities?
9
What is the main purpose of brainstorming?
10
Which of the following is not a rule of brainstorming?
11
What is the main purpose of a focus group?
12
What is feasibility analysis?
13
What is the main purpose of conducting a feasibility analysis?
14
Which question is typically addressed in a feasibility analysis?
15
Which of the following is not analyzed in a market feasibility study?
16
Analyzing competition in market feasibility helps entrepreneurs to:
17
What is the main purpose of financial feasibility analysis?
18
What does break-even analysis help determine?
19
What does SWOT stand for?
20
What does PESTLE stand for?
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