The Timmons Model Identifies the Three Components of Opportunity as Market

question 32

Short Answer

The Timmons Model identifies the three components of opportunity as market demand,market size and structure,and ____.

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Definitions:

Economic Development

The process by which the economic well-being and quality of life of a nation, region, or local community are improved according to targeted goals and objectives.

Environmentally Harmful

Refers to actions or processes that negatively impact the environment, causing pollution, degradation, or destruction of ecosystems.

Ecological Footprint

A measure of human demand on Earth's ecosystems, quantifying the amount of natural resources consumed and waste generated by individuals or groups.

Productive Land

Refers to land that is capable of producing crops, livestock, or other agricultural goods.