Politics & legislation

Macro Economy
Socio-Cultural
Technology
External Customers
Environment Competitors
The Components of Suppliers
Ventures Micro Financial Institutions
Environment Organisational
Culture Non-Government Organisations
Internal
Environment Culture Government Agencies
Resources Trade Barriers & Tariffs
Global Issues Political Risks
Political & Legislation Trade Agreement
Economy Taxation
National Issues
Regulation
Macro Environment Demographic Changes
Socio-Cultural
Social Trends
Pure Invention
Customers Technology
Process Innovation
Competitors
Micro Suppliers
Environment Financial Institutions
Ventures Environment

Government Agencies
Non-Government Organisations
Assessment

Resources Social Changes

An Organisation's
Structure
Internal Environment Economic Changes
Culture Factors
Development of New Markets & Distribution Channels

Ready Availability of Establishment, Non-proprietary Technology

Recognition of an Opportunity Unexpected
Identification of
Business Opportunity E-Commerce as a New Incongrous
Opportunity Process Need
Identify & Evaluate The
Opportunities Sources Industry & Market Structures
Process Develop Business Plan Demographics
Resources Required Change in Perception
Manage the Enterprise New Knowledge
Value
Magnitude of Size
Opportunity Economic Factors
Product or Service
Key Member Team
Organising Method
Evaluation of a Source of New Opportunities: The
Market
Business Origins of New Ventures
Production
Opportunity Learning Curve
Raw Material
Reputation
Advantages of Established Companies Cash Flow
Economies of Scale
Complimentary Assets
Rely on Reputation
Opportunities &
Strong Learning Curve
New Firms
Established High Capital
Firm Demands Economies of Scale
Requires Complimentary assets in Marketing & distribution
Type of Opportunities Rely on incremental product improvement
Employs competence destroying innovation
Does not satisfy the needs of existing firms mainstream customers
New Firm
Based on discrete innovation
Lies in human capital