Business Opportunity and Idea Quiz

What is the difference between an opportunity and an idea?

• An opportunity involves exposure to risk, while an idea is what interests people.

• An opportunity requires commitment of resources, while an idea is a concept developed by the mind.

What makes a business opportunity unique?

• It is relevant to the current time, period, or circumstances.

• It has specific attributes that make it one of its kind.

What are some benefits of Dollar Shave Club's business model?

• Blades are always sharp, save money, no commitment, great shave.

• Blades are always dull, save time, no commitment, great shave.

What does the act of exploration in business involve?

• Exploring unknown markets for opportunities.

• Exploring new geographical markets for tangible assets.

Which of the following is an example of intangible assets in business?

• Service, agreement, copyright, brand.

• Equipment, machinery, stock, goods.