Tag: Niche
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What are the key factors in determining if your idea is a viable business opportunity? Is this just an idea, or a real business opportunity? Has the new product, or service commercial potential?
Business model/strategy (10 marks) • Market segments and value proposition • Structure of the business model. Based on your assessment of the business opportunity, explain the business model/strategy that you will use to realise the opportunity • What are the key factors in determining if your idea is a viable business opportunity? Is this just…