What Are the Three Ways to Identify an Opportunity? Give Two Real World Examples for Each

1. What are the three ways to identify an Opportunity? Give two real world examples for each.

• Observing Trends.

a) For working women's, the entrepreneurs developed a Gym.

This gym is exists in work place with simple and stylish equipment.

it's for women's who work until late time or who don’t have extra time in their daily life, they can train and do exercises at where they work to make it easy for them rather than, work in a place then go for gym in other place. By doing this, they can saves time and enjoy their dioties.

Such as: YUC have gym, and it allowed for student and faculty who stay in college until late time.

b) Also for working house wives, an entrepreneurs start business of ready meals.

It was there as fast food, but they developed it to be packed.

So, all what the house wives have to do is take it out of the pack and boil it or cook it in the microwaves.

Such as: The Indian spices brand Malabar. It's providing the easy and ready meals with Indian tests.

• Solving Problems.

a) For women's who like to cook, and they have test on giving the spices for their food.

The most important ingredient and spices are Onion and Chile.

But some of them may have elegies in their eyes or can't stand the smell or will start crying.

So, the entrepreneurs solve their problem by provide for them the Food processor.

It's much easy and helpful while making the food.

Such