Which of theses is not a way to evaluate an opportunity?

All of these are ways to evaluate an opportunity

What is business opportunity?

A consumer need or want that can potentially be met by a new business.

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Workshop Seminar 1

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Questions 10

Answers

1
In the business world, a challenge is a situation that threatens to hinder or derail a business’ pursuit of success.
False
True
2
Which of these is not a source of new business opportunity?
Unique Knowledge
Existing Products and Services
Problems
Travel
3
What are the main challenges faced by the business since the covid happen?
Online shopping
Employees laid off
Business time is limited
Business closed
4
Challenges of Entrepreneurship
Getting funds to start the business
All of the above
Income risk
Being fully responsible for the business
5
Which of theses is not a way to evaluate an opportunity?
SWOT analysis
Cost/benefit Analysis
All of these are ways to evaluate an opportunity
Opportunity-cost Analysis
6
The process of creating a new or significantly improved good, service or process is called
Innovation
Invented
Invention
Inventing
7
A convention where related businesses come to promote their products or services is called a
World wide web
Business and government agencies
Trade show
Newspapers and magazines
8
All are trends in business that challenges and affect an entrepreneur in 2022 except:
green business
Globalised business
Social commerce
Older entrepreneurs
9
What is business opportunity?
A consumer need or want that can potentially be met by a new business.
A product or service that people desire.
Something that people must have to survive, such as food, or shelter.
10
Why employees laid off became the main challenges faced by the business since the covid?
Business went down
most of business sector are closed
strict SOP from the government
people are more like to shopping online

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