Market now for new business products and services

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It has been argued that identifying opportunities for is one of the most difficult challenges for entrepreneurs. One must be aware of both then internal and external environment and identity potential opportunities that others have not recognized. This week’s discussion has two parts. Your response should answer the following:

What opportunities, emerging markets, trends, resources, etc. are in the market now for new business products and/or services? Why? Reversely, what ideas and/or services are becoming extinct and what market characteristics have contributed to this?

As we move closer to the Pitch Competition Project we must begin to think about the business idea and/or product that you will present. Identify 3-4 business ideas/products that you are considering for use in your Pitch Competition Project for the Pitch Competition Project. Remember to provide substantive feedback to your fellow students for both parts of the discussion.

Reference no: EM132238410

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