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MNE1501 Assignment

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2025/2026 Written for academic year
Institution University Of South Africa
Course New Venture Creation (MNE1501)
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New Venture Creation MNE1501 - due 8 April 2026

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Institution :
University Of South Africa
(Unisa)
Course :
New Venture Creation
(MNE1501)
MNE1501 Assignment 2
(COMPLETE ANSWERS)
Semester 1 2026 - DUE 8 April
2026; 100% TRUSTED
Complete,trusted solutions and
explanation

, An entrepreneurial opportunity exists when: An idea is creative
Market demand meets feasibility A product is profitable A
business plan is written

An entrepreneurial opportunity exists when:Market demand
meets feasibility.This is correct because an opportunity arises
when there is a real need in the market and it is possible to
deliver a solution.



Which statement best reflects the relationship between ideas
and opportunities? All ideas become opportunities
Opportunities exist without ideas Ideas are many, but
opportunities are few Opportunities do not require feasibility .

Ideas are many, but opportunities are few. This is because
many people have ideas, but only a few ideas meet the criteria
(demand, feasibility, profitability) to become real opportunities.
Connected book
image
Jeffry Timmons, Stephen Spinelli New Venture Creation: Entrepreneurship for the 21st Century
Publisher: 2008 ISBN: 9780073381558 Edition: Unknown

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