Respuesta :
A business opportunity is what makes some businesses succeed while others fail. Leaders are successful because they see opportunities before other people spot them, make plans then build business models to capitalize on that opportunities.
A good example of a business opportunity in the market today is e-books. Amazon was one of the first companies in the online bookselling business that initiated an e-book reader that made it possible to read books by means of a digital device that looks more or less like a tablet pc.
Importance of A Business Opportunity:
- In business, an opportunity is a key to success. Without it, a business cannot begin, expand, or succeed.
- The main purpose of an opportunity is to serve as the basis for any action that results in profit and business growth.
- Opportunities allow businesses to create and implement ideas and innovations and improve their performance.
- Only those who spot opportunities early can take the best advantage of them and capitalize on them.
Here are some reasons why a business opportunity is important:
- The chance to build a business: A business opportunity can be an existing unsolved problem in the market or a new problem arising from current trends, which is the chance to build a business.
- The chance to avoid failure: A business is likely to fail without opportunities. This is because they are essential for implementing ideas and innovations that can make a business successful. They allow businesses to take the right decision at the right time.
- The chance to grow: Opportunities allow businesses to create and implement ideas and innovations. It is also a chance to improve performance by solving existing problems better, providing a more refined value proposition to the target market, and building a more efficient business model.
- The chance to maximize profits: A business opportunity involves favorable conditions that can be used to increase profits. These conditions include but are not limited to the availability of resources, the existence of market demand, and the presence of favorable competition. The goal is to find solutions that can potentially maximize profits while solving problems.
To learn more about business opportunities visit:https://brainly.com/question/21615811
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