As would-be Entrepreneur, write down 3 career opportunities which attract you most. Indicate ehat competencies you need to enhance in order to become successful in these opportunities
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- As a would be entrepreneur, write down 1 career opportunity that attracts you the most. indicate 2 core competencies you need to enhance to become successful in your choseen career?As would be entrepreneur, you are tasked to write down at 3 career opportunities which attract you the most. Indicate what competencies you need to enhance in order to become succesful in thes opporunitiesIn General, there are FIVE (5) common traps that look attractive to entrepreneur by some criteria but often are fundamentally flawed” By referring to any industry familiar with, kindly explain and apply the FIVE common traps in business.
- 1. Identity five elements that are important in assessing and comparing the attractiveness of alternative business opportunities in terms of their market potential.2. identify three elements that are important in assessing and comparing the attractiveness of 'alternative business opportunities in terms of their financial viability.What are the different sources of business opportunities? How do we uncover or discover each of them? How do we deal with different/ many opportunities?What are your options when you begin your business? How do you investigate your options?
- In your outlook, which do you think is the most effective among the (4) strategies of market targeting? Explain why? Which do you think among the four will become profitable in gaining a successful business outcome considering with enough resources?In opportunity analysis, what's the most important thing you learned about yourself as it relates to your handmade soap business?discuss the objectives of an entrepreneur. use the below points as part of discussion 1. To gain control over one’s destiny 2. To reach full potential 3. To contribute to society and be recognised for their efforts 4. To start a new career 5. To make a profit
- What is meant by evaluation of opportunities for new businesses? Explain with reference to Timmons model.. A. How would you identify the target markets?B. How would you segment the market? State and discuss minimum two (2) ways youwould segment the market as an entrepreneur as discussed in the course.1. Explain what 'creating value' means. 2. What do you understand by the term ‘entrepreneur’? [3] 3. List three characteristics of successful entrepreneurs and explain why they are important.