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From course:

MKTG 143 ORALS

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Question:

Opportunity Evaluation

Author: JUAN LOUIS SANTO DOMINGO



Answer:

The entrepreneurial process begins with more than an idea; it requires an opportunity. How do you distinguish mere ideas from opportunities? One system for identifying bona fide opportunities (an not ideas) is The Three Ms: 1. Market Demand 2. Market Size and Structure, 3. Margin Analysis.


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