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Bizinnovator unit 3

Opportunity Recognition

TermDefinition
Idea Has potential to make money
Opportunities Passed the test for planning, has potential, you can implement it, usually takes place in smaller firms, Attractive/Durable/Timely
Most important criteria for an opportunity to turn to a business Market-driven opportunity, Entrepreneur and availability of a good team, Adequate resources
Attributes necessary for an Entrepreneur Competence- resource/ skills Passion- willing to put in long hours
Created by: ajdamery
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