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BUSINESS OPPORTUNITY, Examples of how changes in environment provide…
BUSINESS OPPORTUNITY
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What is opportunity
Opportunity is defined as a situation that enables an entrepreneur to offer marketable products or services to interested buyers or end user
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Emergence of opportunity
i)when people decide they have certain needs and want to be satisfied, or when people discovered a problem of some kind that can be helped by a product or service.
ii) The presence of unfulfilled needs and want and/or problems alerts the entrepreneur to the potential opportunity
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