Question

Kevin Abt noticed that people were cooking meals in their homes less often but wanted to avoid the hassle of going out to eat. They wanted to "eat in" without cooking. Abt launched a company, Takeout Taxi, that delivers restaurant-prepared food to his customers' homes and businesses. Takeout Taxi is the result of a(n) ________.

Answer 1

Answer:

Opportunity.

Explanation:

There was an opportunity presented when Kevin noticed that people do not want to cook at home but also they do not want to go through the hassle of going out to buy food. A need was identified and the solution was the Takeout Taxi initiative that delivers restaurant-prepared food to customers.

Costumers that did not want to cook at home and did not want to go out were now satisfied by this service.

Answer 2

Answer:

The correct answer is: Opportunity.

Explanation:

In the SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis, opportunities represent all those external factors from which firms can profit. Opportunities include changes in consumers' behavior, an increase in wages, and the introduction of new technology for manufacturing entities, for instance.