The purpose of an opportunity analysis is to

Question

Quizplus · Accepted Answer

The purpose of an Opportunity Analysis is to assess the feasibility of an idea and identify the resources required to turn it into a viable business. It involves evaluating the market, competition, product/service offering, and resources needed to launch and sustain the business. It is an important step in the process of starting a new venture, as it helps entrepreneurs identify potential challenges and opportunities they may encounter. Options A, B, C, and E are incorrect because they do not reflect the primary objective of an Opportunity Analysis.

The Purpose of an Opportunity Analysis Is to