Asked by Mohamed Barhoma on Feb 18, 2024
Verified
You are an entrepreneur.Describe how you would use the finding approach to create opportunities.Be specific.
Creativity
The capacity to produce new ideas, insights, inventions, products, or artistic objects that are considered to be unique, useful, and of value to others.
- Gather relevant data and information: Conduct thorough research to gather data and information related to the identified problem. This could include market trends, competitor analysis, customer preferences, and industry insights. The goal is to have a comprehensive understanding of the problem and its context.
- Analyze the data: Use analytical tools and techniques to analyze the gathered data and identify patterns, trends, and potential opportunities. Look for insights that can lead to innovative solutions or business ideas.
- Identify a problem or pain point: Use market research and customer feedback to identify a specific problem or pain point that needs to be addressed. This could be a gap in the market, an unmet need, or an existing problem that can be solved more effectively.
Verified Answer
TP
Taylor Pinson
Feb 18, 2024
Final Answer :
Student answers will vary,but the finding approach is based on the concept that entrepreneurial opportunities exist as a result of the changing landscape in technology,consumer preferences,government regulations,and demographics.
Learning Objectives
- Gather relevant data and information: Conduct thorough research to gather data and information related to the identified problem. This could include market trends, competitor analysis, customer preferences, and industry insights. The goal is to have a comprehensive understanding of the problem and its context.
- Analyze the data: Use analytical tools and techniques to analyze the gathered data and identify patterns, trends, and potential opportunities. Look for insights that can lead to innovative solutions or business ideas.
- Identify a problem or pain point: Use market research and customer feedback to identify a specific problem or pain point that needs to be addressed. This could be a gap in the market, an unmet need, or an existing problem that can be solved more effectively.
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