Asked by Stephen Burton on Feb 18, 2024
Verified
Finding solutions to problems and meeting customer needs are at the heart of opportunity recognition.
Entrepreneurship
A way of thinking, acting, and being that combines the ability to find or create new opportunities with the courage to act on them.
- Recognizing the significance of meeting customer needs in identifying opportunities.
- Developing skills in identifying and analyzing problems.
- Understanding the importance of problem-solving in opportunity recognition.
Verified Answer
MN
Myles NolleyFeb 18, 2024
Final Answer :
True
Explanation :
Opportunity recognition involves identifying problems and unmet customer needs that can be addressed through innovative solutions or products. Therefore, finding solutions to problems and meeting customer needs are essential components of this process.
Learning Objectives
- Recognizing the significance of meeting customer needs in identifying opportunities.
- Developing skills in identifying and analyzing problems.
- Understanding the importance of problem-solving in opportunity recognition.
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