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  • Environment and Market

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    Shella Mae Cani
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    The document discusses how to determine the right product or service, select an entrepreneurial activity, and effectively respond to a business enterprise. It recommends conducting market research and testing, identifying problems, analyzing competitors, generating ideas, assessing feasibility, self-assessment, considering scalability, passion, finances, regulations, networks, doing a SWOT analysis, strategic planning, focusing on customers, managing finances, innovating, adapting, and acting ethically.

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    The document discusses how to determine the right product or service, select an entrepreneurial activity, and effectively respond to a business enterprise. It recommends conducting market research and testing, identifying problems, analyzing competitors, generating ideas, assessing feasibility, self-assessment, considering scalability, passion, finances, regulations, networks, doing a SWOT analysis, strategic planning, focusing on customers, managing finances, innovating, adapting, and acting ethically.

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    © All Rights Reserved
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    5 views3 pages

    Environment and Market

    Uploaded by

    Shella Mae Cani
    The document discusses how to determine the right product or service, select an entrepreneurial activity, and effectively respond to a business enterprise. It recommends conducting market research and testing, identifying problems, analyzing competitors, generating ideas, assessing feasibility, self-assessment, considering scalability, passion, finances, regulations, networks, doing a SWOT analysis, strategic planning, focusing on customers, managing finances, innovating, adapting, and acting ethically.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 3

    1.

    How does one determine the product to be


    produced or services to be offered and
    delivered to the target market or customers in
    a particular community?

    Market Research Market Testing


    Problem Identification Competitive Analysis
    Idea Generation Business Plan
    Feasibility Assessment
    2. How does one select an
    entrepreneurial activity?
    Self-assessment Scalability
    Market research Legaland regulatory
    Passion and interest compliance
    Financial considerations Network and support
    3. How can one respond effectively to a
    business enterprise?
    SWOT ANALYSIS MARKETING AND
    STRATEGIC BRANDING
    PLANNING RISK MANAGEMENT
    COSTUMER FOCUS CONTINUOUS
    FINANCIAL LEARNING
    MANAGEMENT ADAPTABILITY
    INNOVATION ETHICAL AND SOCIAL

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