Which of the following is not a strong method of identifying business opportunities?
A) A person has a talent for making something and decides that they should go into business.
B) Searching through a process of identification and selection starting with research on "hot" businesses or growth areas.
C) Searching through a process of identification and selection beginning with self-developed (or group-developed) ideas.
D) All of the above
E) None of the above

Question

Quizplus · Accepted Answer

While having a talent for making something is a good starting point, it is not a strong method of identifying business opportunities on its own. Other factors such as market demand and competition need to be carefully considered and researched before starting a business. B and C are both strong methods as they involve thorough research and careful selection processes.

Which of the Following Is Not a Strong Method of Identifying