Jessica Smith is thinking about starting a chain of fitness centers for young adults ages 18-30. Which of the following is not an appropriate criterion for Jessica to test her idea against?

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27-01-2020
Social Studies

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Jessica Smith is thinking about starting a chain of fitness centers for young adults ages 18-30. Which of the following is not an appropriate criterion for Jessica to test her idea against?

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ShiningArray1413 ShiningArray1413 · Answer 1 · 2020-02-02T13:39:22+01:00

Complete Question:

Jessica Smith is thinking about starting a chain of fitness centers for young adults ages 18-30. Which of the following is not an appropriate criterion for Jessica to test her idea against?

Determine whether opening a fitness center for young adults ages 18-30 is a concept that creates value for its buyer or end user.
Determine whether opening a fitness center for young adults ages 18-30 is timely.
Determine the extent to which the notion takes advantage of an environmental trend, solves a problem, or fills a gap in the marketplace.
Determine whether a fitness center for young adults ages 18-30 meets the threshold of being a good idea.
Determine whether the "window of opportunity" is open.

Answer: is option 4: Determine whether a fitness center for young adults ages 18-30 meets the threshold of being a good idea.

Before starting any business one must perform a survey or have enough knowledge regarding that business. The key points before starting any business are very important in the process of new venture. One of those is having full and complete knowledge about how to start a business. In starting a new career knowing about things like, how to start it, when to start it, from where to start it, how to place it, location, market perception, it's demand, current trends, time and circumstances etc play critical role in it's development.