Question

An opportunity has the following four essential qualities: ________.

Answer 1

Answer:

A) attractive; timely; durable; and anchored in a product, service, or business that creates or adds value for its buyer or end user

Explanation:

A true business opportunity;

1. is attractive, must have high profit expectations.
2. must be durable, should last at least a few years, not only a one time event.
3. must present itself at the right moment and time. Sometimes great ideas are left behind because they are too disruptive, e.g. the Nash Rambler built in 1950 was the first compact car but wasn't very successful. Japanese compact cars became successful in the 1970s.
4. must be anchored in a product or service that your company can provide that satisfies consumers' needs.