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Unit 2 Review: Opportunity Recognition & Market Analysis

Authored by Tyler Anthony

Professional Development, Business

10th - 12th Grade

Used 1+ times

Unit 2 Review: Opportunity Recognition & Market Analysis
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23 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Period of time in which you have to act before a business opportunity is lost.

franchisee

business opportunity

window of opportunity

prototype

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Franchise buyer.

franchisor

franchisee

need

business broker

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business arrangement in which an established company sells the rights for others to use the company's name and operating plan to sell products or services.

freanchisor

prototype

trade show

franchise

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Product or service that people desire.

want

need

franchise

business

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

want

trade show

business opportunity

pivot

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Franchise seller.

franchisee

franchise

franchisor

buyer

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Something that people must have to survive, such as water, food, clothing, or shelter.

need

want

desire

pivot

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