The Three Ways to Identify an Opportunity Include ________

question 32

Multiple Choice

The three ways to identify an opportunity include ________.

• A) observing trends, solving a problem, and finding gaps in the marketplace
• B) studying industry trade journals, talking to consumers, and solving a problem
• C) observing trends, conducting brainstorming sessions, and studying industry trade journals
• D) observing trends, talking to consumers, and finding gaps in the marketplace
• E) reading books, solving a problem, and findings gaps in the marketplace

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Definitions:

Merchantability

A warranty that goods sold will meet reasonable expectations of quality and functionality as implied in a sale.

Implied Warranty of Merchantability

A legal presumption that goods sold by a merchant are fit for the general purpose for which they are sold and meet the standards of quality and performance that are reasonable to expect.

Disclaimer

A statement that denies responsibility or affiliation with information, products, or services.

Express Warranty

A legal term referring to a formal, written guarantee by a seller to a buyer that a product or service meets certain specifications.