The first pic. will be based on your answer the second pic. Please answer them all including the, this is also required "what will be the product, and what would be its brand/ product name? No SpacingTitleNormalHeading 1Heading 2ParagraphStylesYou and your friends are planning to start a business. To start your business, your team must need toconduct opportunity spotting and assessment. Assuming that your potential investors will evaluate youroutput based on content, clarity and relevance of the product to the identified market problem.In your respective municipality or locality, seek, screen and seize your opportunities that drives you tobecome entrepreneur by establishing and implementing a simple business.To do this activity, follow the given guide questions:QuestionWhat is the market problem?Give three opportunities that will address thea)problem.b)Select the best opportunity and explain why youchose it (From listed opportunities select the bestproduct or service that will meet the market needby considering availability of your resources. Andlist all the needed resources (ingredients, budgetfund, target market,)What will be the product?What would be its brand/ product name? ParagraphStylesThe learner independently or with his/her classmate's presents an acceptable detailed businessplan.MELCS:Analyze the market need;Determine the possible product/s or service/s that will meet the need;Screen the proposed solution/s based on viability, profitability, and customerrequirements; andYou and your friends are planning to start a business. To start your business, your team must need toconduct opportunity spotting and assessment. Assuming that your potential investors will evaluate youroutput based on content, clarity and relevance of the product to the identified market problem.In your respective municipality or locality, seek, screen and seize your opportunities that drives you tobecome entrepreneur by establishing and implementing a simple business.To do this activity, follow the given guide questions:QuestionWhat is the market problem?Give three opportunities that will address theproblem.a)b)Select the best opportunity and explain why youchose it (From listed opportunities select the bestproduct or service that will meet the market needby considering availability of your resources. Andlist all the needed resources (ingredients, budget

PROBLEM WITH THE MARKET 1. Absence of straightforwardness - If there is a lack of…

Answered: Title Normal No Spacing Heading 1…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

See similar textbooks

Related questions

Question

The first pic. will be based on your answer the second pic. Please answer them all including the, this is also required "what will be the product, and what would be its brand/ product name?

Transcribed Image Text:No Spacing Title Normal Heading 1 Heading 2 Paragraph Styles You and your friends are planning to start a business. To start your business, your team must need to conduct opportunity spotting and assessment. Assuming that your potential investors will evaluate your output based on content, clarity and relevance of the product to the identified market problem. In your respective municipality or locality, seek, screen and seize your opportunities that drives you to become entrepreneur by establishing and implementing a simple business. To do this activity, follow the given guide questions: Question What is the market problem? Give three opportunities that will address the a) problem. b) Select the best opportunity and explain why you chose it (From listed opportunities select the best product or service that will meet the market need by considering availability of your resources. And list all the needed resources (ingredients, budget fund, target market,) What will be the product? What would be its brand/ product name?