The Opportunity Must Be Placed in the Context of Both

question 2

Short Answer

The opportunity must be placed in the context of both a competitive environment and an existing ________ that the entrepreneur believes can be improved upon and altered in a way that creates value.

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Definitions:

Inductive Argument

A form of reasoning in which the premises seek to supply strong evidence for (not absolute proof of) the truth of the conclusion.

False Conclusion

An incorrect result or ending reached through reasoning or argumentation.

Premises

Statements or ideas that form the basis for a reasonable conclusion or the starting point for a logical argument.

Conclusion Indicator

Words or phrases used in argumentation to signal that a conclusion is being drawn, such as "therefore" or "thus."