Instructions: Identify the Following

question 18

Essay

Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term. New England Way, conversion experience

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Definitions:

Triggering Event

A specific occurrence that causes a process to start, or significantly impacts the course of an ongoing situation.

Product Opportunities

Potential areas or ideas within a market where a new product could be developed to meet a consumer need or demand.

Entrepreneur

An individual who initiates, organizes, and operates a business venture, assuming most of the risks and enjoying most of the rewards.

Environmental Forces

Various external factors and conditions that affect an organization's performance and decision-making processes, including economic, political, regulatory, and cultural factors.