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:

Ethanol Mandates

Governmental regulations requiring a certain percentage of ethanol to be blended with gasoline.

Gasoline

A refined petroleum product used as fuel in internal combustion engines.

Destroy Wealth

Activities or decisions that lead to a decrease in the financial value or assets of an individual, company, or economy.

Labor

The human effort, whether physical or mental, used in the production of goods and services.