Question: Note: Requesting you please dont copy from internet sources and AI tool like chatgpt As an individual entering into the business world, you are tasked
Note: Requesting you please dont copy from internet sources and AI tool like chatgpt
As an individual entering into the business world, you are tasked with identifying a business opportunity in a market of your choice within the United Kingdom. You will provide context on the trends past; present and future the competitors within this market and the target market which you wish to offer a solution.
TASK GUIDANCE:
Introduction
This should clearly show how you intend to address the question in the assignment. You should try and put the subject in context, so the reader knows how you intend to tackle the topic. You want to try to interest the reader so try to outline the main areas you will focus on or set the scene so that they want to read on
Idea generation techniques available to entrepreneurs
An identification of the different types of idea generation techniques which are available to entrepreneurs when identifying and developing a business opportunity, challenge, or gap. There should be a minimum of three techniques explored within this section. Mentioned examples in details.
Identification of three potential business opportunities, challenges, or gaps.
An identification of three problems, opportunities, or gaps within the market. This should focus on a painful problem or a burning opportunity that individuals can relate to This should focus the same market to give an ample understanding of the different types of problems, opportunities, or gaps within this space. Provide examples.
Analysis on one of the business opportunities
Choose one of the problems, opportunities, or gaps which has been identified in the previous section. This should be contextualised with an analysis of: market trends past; present; and future; the competitors; and the target market which you which to offer the solution to Explain in detail with examples.
Impact of entrepreneur of opportunity identification
An identification of the mindset and characteristics of an entrepreneur when identifying an opportunity, challenge, or gap in the market. There should also be an understanding of how does this impact on opportunity recognition for an entrepreneur. Explain in detail with examples.
Conclusion
This is a shorter version of the longer piece of writing. The conclusion captures all the most significant parts of the original text but expressed them in a shorter space. It is not enough to copy out specific parts of the original text, they should be formulated into your own works to emphasise their importance.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
