(Answered) Questions to ask arepart -11what could it mean to the

Management Studies

Questions to ask are;

Part -1:

1. What could it mean to the business if fully exploited/supported ?

2. Where could it lead the business?

3. What more needs to happen to make it an opportunity ?

4. How do we go about it ?

Part -2:

1. develop a new process that creates a market for itself.

2. Create a market for the process/product and let other business exploit the technology under license.

3. Analyse the proposition to find the sweet spot which will confer the highest degree of competitive advantage - focus effort on maintaining expertise in this area.

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