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14 views2 pages

assignment

Uploaded by

abbasi3363
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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3 business ideas/opportunities on the basis of characteristics of good

opportunities and ideas

1. Sustainable Packaging Solutions

Description: Develop biodegradable or reusable packaging alternatives for e-commerce and


retail businesses.

Analysis Based on Characteristics:

 Attractive: Growing environmental consciousness makes sustainable products appealing


to consumers and businesses aiming for eco-friendly branding.
 Durable: Environmental sustainability is a long-term trend reinforced by regulatory
policies and societal demand.
 Timely: As governments and corporations set sustainability goals, this idea aligns with
current regulatory changes and consumer expectations.
 Value-Adding: Helps businesses meet eco-friendly standards, reduces waste, and
appeals to environmentally conscious customers.

Opportunity Recognition Approach:

 Observing Trends: Capitalizes on the intersection of environmental (social),


technological (innovative materials), and political forces (regulations on single-use
plastics).
 Solving a Problem: Addresses the global challenge of reducing plastic waste.
 Market Gap: Fills the need for accessible and cost-effective sustainable packaging in the
e-commerce sector.

2. Personalized Virtual Learning Platforms

Description: Create an AI-driven learning platform offering tailored courses and adaptive study
plans for students and professionals.

Analysis Based on Characteristics:

 Attractive: The shift to remote learning has heightened demand for personalized, flexible
educational tools.
 Durable: The digital learning trend is reinforced by global investment in edtech and
increased internet penetration.
 Timely: Advances in AI and machine learning make personalized education more
feasible and efficient.
 Value-Adding: Provides learners with customized experiences that enhance engagement
and knowledge retention.

Opportunity Recognition Approach:

 Observing Trends: Utilizes technological advances and the societal push for lifelong
learning and upskilling.
 Solving a Problem: Addresses the one-size-fits-all approach of traditional education
systems.
 Market Gap: Many existing platforms lack sophisticated personalization, creating space
for innovation.

3. Healthy Meal Subscription Services

Description: Offer subscription-based healthy meal plans tailored to individual dietary needs
and delivered directly to homes.

Analysis Based on Characteristics:

 Attractive: Busy lifestyles and rising health awareness drive demand for convenient,
nutritious meals.
 Durable: Long-term focus on health and wellness ensures lasting interest.
 Timely: Technological advances in logistics and consumer apps make this service
scalable and efficient.
 Value-Adding: Simplifies meal planning and supports healthier eating habits, appealing
to health-conscious individuals.

Opportunity Recognition Approach:

 Observing Trends: Combines social trends (wellness focus), economic factors


(affordable alternatives to eating out), and technological advances (delivery logistics).
 Solving a Problem: Addresses the time and effort required for meal preparation while
meeting dietary goals.
 Market Gap: While fast food is ubiquitous, healthy meal delivery services are less
common in many regions.

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