Opportunity identification skills

what is opportunity based theory?

• entrepreneus excel at seeing and taking advantage of possiblities created by social, technological and cultural changes.

• capital is not one of The Three C

• entrepreneurial alertness, search for information, evaluation of the information, construction of the opportunity, exploitation

What are the three ways to identify an opportunity?

• Knowledge of Need and the knowledge of solution.

• capital is not one of The Three C

• Solving a Problem, and.

  Finding Gaps in the Marketplace

Which one of the following is not one of “The Three C’s”?

company, competition, customer, capital

• prior knowledge, social capital, cognition/personality traits, environmental conditions, alertness, systematic search

• capital is not one of The Three C

• Solving a Problem, and.

  Finding Gaps in the Marketplace.

what is the opportunity identification process?

• entrepreneurial alertness, search for information, evaluation of the information, construction of the opportunity, exploitation

• Between reality as it actually is and reality as it is assumed to be

What is the difference between new venture idea n new venture opportunity?

• new venture idea

  - new product developement thtough research and development or improving existing services.

  A: new venture opportunity

  - the entrepreneur is able to describe the valuable and contributions of a venture and create the design of a business model that can be sustained by a competitive advantage

• New venture idea

  - the entrepreneur is able to describe the valuable and contributions of a venture and create the design of a business model that can be sustained by a competitive advantage

  New venture opportunity

  - new product developement thtough research and development or improving existing services.

What is roles of opportunity in entreprenueship ?

• Knowledge of Need and the knowledge of solution.

• to reap extraordinary profits , two is communities or society : societal responsibility and recognition and last is individual or entreprenuer is to engage in work of their choice

• Committment, knowledgeable, seeking information, entrepreneur munificence or recognise, and identify salience

What means of the unexpected in sources of opportunity

• Between reality as it actually is and reality as it is assumed to be.

• There are two ways to recognise opportunities which is you can discover them or you can create them yourself and with others.

• it is composed of three types of unexpected events: unexpected success, unexpected failure, and unexpected outside events

what are the two dimensions of an opportunity?

• There are two ways to recognise opportunities which is you can discover them or you can create them yourself and with others.

• Knowledge of Need and the knowledge of solution.

What are the two approaches of oppurtunity?

• There are two ways to recognise opportunities which is you can discover them or you can create them yourself and with others.

• prior knowledge, social capital, cognition/personality traits, environmental conditions, alertness, systematic search

• Between reality as it actually is and reality as it is assumed to be.

How's Entrepreneur behaviour in identifying opportunity?

• Committment, knowledgeable, seeking information, entrepreneur munificence or recognise, and identify salience

• Committment, entrepreneur munificence or recognise, and identify salience