Which a global trend that might encourage an entrepreneur to consider international business opportunities?
Higher allowances
Lower tariffs
Enforceable trade agreements
Flexible currency rates
One factor that an entrepreneur should consider while assessing a venture opportunity is whether it will encounter which situation?
Lead to more opportunities
Require employee loyalty
Involve complicated paperwork
Satisfy the needs of vendors
Jessica’s hobby is making jewelry. There is potential to sell her bracelets and earrings on eBay. This is an example of identifying a product opportunity by considering which factors?
Demographic changes
Business processes
Consumer attitudes
Personal experiences
When determining venture-creation opportunities, entrepreneurs must first perform which action?
Obtain financing
Conduct research
Identify staffing needs
Select a location
