Which ONE of the following is MOST LIKELY to be important in spotting a new business opportunity in the cycling market?
Select ONE answer:
- Being able to produce a product cheaply
- Recognising other cyclists on the street
- Being a keen cyclist
- Identifying the possible competition
- Having a large amount of personal savings
What are other things would you consider to be important in spotting a new business opportunity in the cycling market?
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This is multiple choice question is suitable for Business Studies KS4 classes.
The answer is 4 – Identifying the potential competition to your potential opportunity.
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