What is a product opportunity gap? How can an entrepreneur tell if a product opportunity gap exists?
Question:
What is a product opportunity gap? How can an entrepreneur tell if a product opportunity gap exists?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (3 reviews)
A product opportunity gap refers to an unmet or underserved need or demand in the market that represents an opportunity for entrepreneurs to introduce ...View the full answer
Answered By
Rodrigo Louie Rey
I started tutoring in college and have been doing it for about eight years now. I enjoy it because I love to help others learn and expand their understanding of the world. I thoroughly enjoy the "ah-ha" moments that my students have. Interests I enjoy hiking, kayaking, and spending time with my family and friends. Ideal Study Location I prefer to tutor in a quiet place so that my students can focus on what they are learning.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Entrepreneurship Successfully Launching New Ventures
ISBN: 9780132555524
4th Edition
Authors: Bruce R. Barringer, R. Duane Ireland
Question Posted:
Students also viewed these Business questions
-
How can an entrepreneur tell if a product opportunity gap exists?
-
How can an entrepreneur tell if a product opportunity gap exists?
-
Portray in words what transforms you would have to make to your execution to some degree (a) to accomplish this and remark on the benefits and detriments of this thought.You are approached to compose...
-
What are the four key building blocks of financial statement analysis? a. Liquidity and efficiency, solvency, profitability, and market b. Liquidity and efficiency, solvency, profitability, and...
-
Acme products is considering two mutually exclusive investments. The projects' expected net cash flows are as follows: a. Construct NPV profiles for Projects A and B b. What is each project's IRR? c....
-
Based on the information provided in Exhibits 1 and 2, which managers portfolio characteristics is most likely at odds with its declared style? A. Furlings B. Asgard C. Tokra James Leonard is a...
-
You have collected the following data: If you randomly select one of these 10 numbers, what is the probability the number (X) will be ... a. equal to 4 ? b. equal to 7 ? c. less than 5 ? d. greater...
-
Suppose the population of Area Y is relatively young while that of Area O is relatively old, but everything else about the two areas is equal. a. Would interest rates likely be the same or different...
-
At any given time the total mass of stratospheric ozone is estimated as 3.1x10 2 kg. If approximately 3.5x10 8 kg is made and destroyed each day, calculate the residence time of stratospheric ozone.
-
What is an opportunity? What are the qualities of an opportunity, and why is each quality important?
-
Its a sad yet heartwarming story. In 1998, Stephen Heywood, a strong 28-year-old carpenter who was building his dream house in California, got the worst possible news. He was diagnosed with...
-
Go to www.pearsonhighered.com/ sullivanstats to obtain the data file 4_1_49 using the file format of your choice for the version of the text you are using. The data represent the cost, return on...
-
Why isnt the model widely used by managers at actual companies?
-
You are the financial analyst for a tennis racket manufacturer. The company is considering using a graphite-like material in its tennis rackets. The company has estimated the information in the...
-
Indicate whether each of the following statements is true or false by writing T or F in the answer c olumn. Discrimination in employment is covered in Title III of the Civil Rights Act of 1964.
-
Indicate whether each of the following statements is true or false by writing T or F i n t he a nswer c olumn. Spam is illegal in the United States.
-
Explain the following statement: The stand-alone risk of an individual corporate project may be quite high, but viewed in the context of its effect on stockholders risk, the projects true risk may be...
-
Accounting for uncollectible accounts and warranties. Hurley Corporation sells household appliances (for example, refrigerators, and dishwashers) to customers on account. The firm also provides...
-
One hundred pounds of water at atmospheric pressure are heated from 60F to 200F. What is the enthalpy change? The internal energy change? Why is the difference between the internal energy change and...
-
Chipotle Mexican Grill is a publicly traded company. Calculate the firms price-to-earnings ratio (P/E). What does Chipotles P/E ratio tell you about investors expectations regarding the companys...
-
Jarrett Baker is the founder of an enterprise software company located in Chevy Chase, Maryland. By looking at the income statements for Jarretts business over the past 3 years, you see that its...
-
Jorge Martinez is thinking about buying an existing printing business and has been carefully studying the records of the business to get a good handle on its historical financial performance. Jorge...
-
Ms. Gomez looked at the ER diagram and built the database using Oracle. What type of database user is she? PatientGender) Drug to Take NotToTakeWit Drug Not Allowed with Drug to Take DrugID Dosage...
-
Discussion: Migrating to a New Sales System Your original company's database was created using MS SQL. Your company merged with another company that used an Oracle database. An enterprise view of...
-
Write a query to display month number, month name, and average sales amount for months with the average sales amount greater than average sales amount in 2017. Round the average amount to two decimal...
Study smarter with the SolutionInn App