In context of the seven domains related to the pursuit of attractive opportunities,which of the following holds true?
A)The seven domains are additive and scoring well in each domain guarantees success.
B)A brilliant management can turn a business known for bad economics into a success with little effort.
C)When a company chooses unattractive opportunities to pursue,it will face tough sledding.
D)It is not important for opportunities to match up to a company's expectation.

Question

Quizplus · Accepted Answer

The seven domains related to the pursuit of attractive opportunities are market timing, market size, customer needs, competitive environment, the team, the business model, and the economics of the business. These domains are not additive, and success cannot be guaranteed by scoring well in each domain alone. A brilliant management can certainly help a struggling business, but bad economics cannot be ignored. Choosing unattractive opportunities will certainly make it difficult for a company to succeed. Therefore, option C holds true. It is important for opportunities to match up to a company's expectation, and pursuing unattractive opportunities is generally not a wise decision.

In Context of the Seven Domains Related to the Pursuit