BUSINESS OPPORTUNITY AND RELATED FACTORS

BUSINESS OPPORTUNITY AND RELATED FACTORS

10th Grade

8 Qs

quiz-placeholder

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BUSINESS OPPORTUNITY AND RELATED FACTORS

BUSINESS OPPORTUNITY AND RELATED FACTORS

Assessment

Quiz

Other, Business

10th Grade

Practice Problem

Hard

Created by

nthabiseng portia

Used 8+ times

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

what is a business Opportunity?

the branch of knowledge concerned with the production, consumption, and transfer of wealth.

is an idea for a product/ service that may be used to start a business and generate money.

an organization or enterprising entity engaged in commercial, industrial, or professional activities

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Successful business opportunities are based on .....

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

what is the IMPORTANCE OF ASSESSING NEEDS AND DESIRES

help you identify markets and geographical areas where you can expand to

is a vital element when developing your marketing strategy. When done correctly it can help to enlighten your marketing activities

You have a guaranteed market if you notice a need that isn't being addressed.

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

....is the systematic collection, recording, and analysis of data concerning the marketing of goods and services is known as market research.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

it is important to do market research because...

it is easy

Every need and desire may be turned into a business opportunity.

Gathers data and views in an objective manner to find out what goods and services people want to buy.

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

...... and ......are the types of research instruments.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what is the protocol for conducting a research

influence the interviewees answers

If the research is being performed within a company, it must first be approved.

show up at any time for the interview

8.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

When considering a business idea, make sure it follows the following guideline:

The product or service should not be free of harmful substances.

it is harmful to the environment

it violate certain laws

The product or service should not be harmful to the health of the individuals who use it.