Business Studies, asked by kunjamrsk1412, 1 year ago

How do environment dynamic and change effect opportunity identification and selection of business enterprises of entrepreneur?

Answers

Answered by ElegantSplendor
1

Answer:

Opportunity: Analysis of the external environment helps with the identification of possible opportunities. The entrepreneur can prepare to capitalize on these. Threats: Analysis of the external environment will also help in the identification of any business threats from competitors or any other factors.

Answered by N3KKI
1

\huge\bold\red{HOLA!!}

Four ways to identify more business opportunities

Listen to your potential clients and past leads. When you're targeting potential customers listen to their needs, wants, challenges and frustrations with your industry. ...

Listen to your customers. ...

Look at your competitors. ...

Look at industry trends and insights.

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