CPSC 079 Lecture Notes - Lecture 2: Raw Image Format, Loose Coupling, Agglomerate
13 Oct 2016
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Document Summary
By the end of this chapter, a student is expected to; attain comprehensive knowledge of what a business opportunity is. Enhance assessment skills in identifying a business opportunity understand the advantages and disadvantages of business opportunities. Key terms defined: business opportunity - a viable business potential to create something new, i. e. a product or a service establish new markets by engaging new technologies. Franchise - a business arrangement where the inventor (franchisor) develops a plan for the provision of a product or service and another, the franchisee uses the plan to avail the product or service. Exam context this area has not yet been examined under the new kasneb syllabus. Industry context there a growing need for business entrepreneurs to be aware of the opportunities that exist in the market. This helps in the identification of viable opportunities that are in line with their abilities.
