Practice Ability to Identify Opportunities - 2.2.6 | 2. Entrepreneurship | ICSE 11 Business Studies
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Ability to Identify Opportunities

2.2.6 - Ability to Identify Opportunities

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is a market opportunity?

💡 Hint: Think about what products you wish existed.

Question 2 Easy

Can you name an example of an unmet need?

💡 Hint: Consider what information you struggle to find.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What defines a market opportunity?

A surplus of existing products
A gap for a service or product
An established market trend

💡 Hint: Think of markets that are under-served.

Question 2

True or False: Identifying unmet needs is unnecessary for a successful business.

True
False

💡 Hint: Consider successful entrepreneurs who addressed these needs.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Identify a recent technological innovation and assess it in terms of market opportunity, innovation, and risks.

💡 Hint: Look at current trends in health and fitness.

Challenge 2 Hard

Create a pitch for a new product that addresses an unmet need you experience daily. Describe its innovative features and potential challenges.

💡 Hint: Consider your daily inconveniences.

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