100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
APSC 221 Chapter 13 Question and answers already passed 2024/2025 $13.99   Add to cart

Exam (elaborations)

APSC 221 Chapter 13 Question and answers already passed 2024/2025

 8 views  0 purchase
  • Course
  • APSC 221
  • Institution
  • APSC 221

APSC 221 Chapter 13 Question and answers already passed 2024/2025 APSC 221 Chapter 13: Recognizing Opportunities and Generating Ideas Opportunity is - correct answer a favourable set of circumstances that creates a need for a new product, service or business Ideas are - correct answer a ...

[Show more]

Preview 1 out of 2  pages

  • October 6, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • APSC 221
  • APSC 221
avatar-seller
Carzola98
APSC 221 Chapter 13: Recognizing
Opportunities and Generating Ideas
Opportunity is - correct answer ✔a favourable set of circumstances that
creates a need for a new product, service or business


Ideas are - correct answer ✔a thought, an impression or a notion


The 4 essential qualities of an opportunity are - correct answer ✔attractive,
timely, durable and anchored in a product, service or business that creates or
adds value for its buyer or end-user


3 ways to identify opportunity - correct answer ✔1) observing trends -
economic trends, social forces, technological advances, political and
regulatory change
2) solving a problem
3) finding gaps in the marketplace


Opportunity recognition is - correct answer ✔the process of perceiving the
possibility to a profitable new business or new product or service


4 Characteristics of entrepreneurs - correct answer ✔1) prior experience
2) cognitive factors
3) social networks
4) creativity


Network entrepreneurs are - correct answer ✔those who identified their
ideas through social contracts

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Carzola98. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

82871 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.99
  • (0)
  Add to cart