This is an assessment made if the identified opportunity is viable or not. It helps in arriving at the best decision concerning the business idea to be implemented. It must be done with care, systematically and objectively.
joseph rimiru answered the question on November 22, 2017 at 19:35
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List five gaps a business can experience.
(Solved)
List five gaps a business can experience.
Date posted:
November 22, 2017
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Answers (1)
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Define business opportunity
(Solved)
Define business opportunity.
Date posted:
November 22, 2017
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Answers (1)
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Outline the different types of utilities.
(Solved)
Outline the different types of utilities.
Date posted:
November 22, 2017
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Answers (1)
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Differentiate between goods and services
(Solved)
Differentiate between goods and services
Date posted:
November 22, 2017
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Answers (1)
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What traits should an entrepreneur possess to make it in business?
(Solved)
What traits should an entrepreneur possess to make it in business?
Date posted:
November 22, 2017
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Answers (2)
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What are they main functions of an entrepreneur?
(Solved)
What are they main functions of an entrepreneur?
Date posted:
November 21, 2017
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Answers (1)
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Define the term entrepreneurship as a factor of production
(Solved)
Define the term entrepreneurship as a factor of production
Date posted:
November 21, 2017
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Answers (1)
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Define capital as a factor of production.
(Solved)
Define capital as a factor of production.
Date posted:
November 21, 2017
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Answers (1)
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What are the main characteristics of labor as a factor of production?
(Solved)
What are the main characteristics of labor as a factor of production?
Date posted:
November 21, 2017
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Answers (1)
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Define labor (human resource) as a factor of production
(Solved)
Define labor (human resource) as a factor of production
Date posted:
November 21, 2017
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Answers (1)
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Define land as a factor of production.
(Solved)
Define land as a factor of production.
Date posted:
November 21, 2017
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Answers (1)
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Explain the external business environments
(Solved)
Explain the external business environments.
Date posted:
November 21, 2017
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Answers (1)
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Outline four benefits of using a good filling system
(Solved)
Outline four benefits of using a good filling system
Date posted:
November 20, 2017
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Answers (1)
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Outline the characteristics of an entrepreneur
(Solved)
Outline the characteristics of an entrepreneur
Date posted:
November 19, 2017
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Answers (1)
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Outline the advantages of division and specialization
(Solved)
Outline the advantages of division and specialization
Date posted:
November 19, 2017
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Answers (1)
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What is specialization?
(Solved)
What is specialization?
Date posted:
November 19, 2017
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Answers (1)
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Define the following terms
a. Renewable resources
b. Non- renewable resources
(Solved)
Define the following terms
a. Renewable resources
b. Non- renewable resources
Date posted:
November 19, 2017
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Answers (1)
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Explain the term internal environment (micro environment) and give some examples.
(Solved)
Explain the term internal environment (micro environment) and give some examples.
Date posted:
November 19, 2017
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Answers (1)
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Define the term business environment.
(Solved)
Define the term business environment.
Date posted:
November 19, 2017
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Answers (1)
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State how goods and services produced in an economy are classified.
(Solved)
State how goods and services produced in an economy are classified.
Date posted:
November 18, 2017
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Answers (1)