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picture1_Business Power Point Slides 31944 | 2017091610212800001367 Session 3 4 Recognizing Opportunities And Generating Ideas


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File: Business Power Point Slides 31944 | 2017091610212800001367 Session 3 4 Recognizing Opportunities And Generating Ideas
chapter objectives 1 of 2 1 explain why it s important to start a new firm when its click to edit master text styles window of opportunity is open second ...

icon picture PPT Filetype Power Point PPT | Posted on 09 Aug 2022 | 3 years ago
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                  Chapter Objectives
                             1 of 2
     1.  Explain why it’s important to start a new firm when its 
         • Click to edit Master text styles
         “window of opportunity” is open.
            –Second level
     2.  Explain the difference between an opportunity and an 
         idea.  • Third level
                   – Fourth level
     3.  Describe the three general approaches entrepreneurs 
                      » Fifth level
         use to identify opportunities.
     4.  Identify the four environmental trends that are most 
         instrumental in creating business opportunities. 
     5.  List the personal characteristics that make some people 
         better at recognizing business opportunities than others.
                                                              3-2
                  Chapter Objectives
                             2 of 2
     6.  Identify the five steps in the creative process.
         • Click to edit Master text styles
     7.  Describe the purpose of brainstorming and its use 
             –Second level
         as an idea generator.
                • Third level
     8.  Describe how to use library and Internet research to 
                   – Fourth level
                       »
         generate new business ideas.
                        Fifth level
     9.  Explain the purpose of maintaining an idea bank.
     10. Describe three steps for protecting ideas from being 
         lost or stolen.
                                                               2-3
                     What is An Opportunity?
                                    1 of 2
         • Click to edit Master text styles
             –Second level
                • Third level
                   – Fourth level
     Opportunity Defined            An opportunity is a favorable
                       » Fifth level
                                      set of circumstances that
                                      creates a need for a new
                                    product, service or business.
                                                               2-4
                 What is an Opportunity?
                              2 of 2
        • Click to edit Master text styles
          An opportunity has four essential qualities
           –Second level
               • Third level
                  – Fourth level
                     » Fifth level
                                                          2-5
           Three Ways to Identify an Opportunity
        • Click to edit Master text styles
           –Second level
               • Third level
                  – Fourth level
                     » Fifth level
                                                          2-6
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...Chapter objectives of explain why it s important to start a new firm when its click edit master text styles window opportunity is open second level the difference between an and idea third fourth describe three general approaches entrepreneurs fifth use identify opportunities four environmental trends that are most instrumental in creating business list personal characteristics make some people better at recognizing than others five steps creative process purpose brainstorming as generator how library internet research generate ideas maintaining bank for protecting from being lost or stolen what defined favorable set circumstances creates need product service has essential qualities ways...

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