TERM: 2nd TERM
SUBJECT: BUSINESS STUDIES
CLASS: JSS 2
TOPIC: BUSINESS OPPORTUNITY
Business Opportunity refers to the chance an individual or an organization has at a particular time within an environment to engage in production of goods or rendering of services in order to earn a living or means of livelihood. When there is business opportunity, profit maximization is the ultimate aim.
It is a packaged business investment allows the individuals to begin a business. It offers tools or training to help start one’s own business. This is usually at a lower cost and with few restrictions.
TYPES OF BUSINESS OPPORTUNITIES:
Mention three types of business opportunities.
1.----- refers to as tools to help start one’s own business at a lower cost.(a) trade (b) market (c) business pportunity.
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