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Innovative Solutions for Modern Challenges and Opportunities in Technology

In an ever-evolving world, various opportunities arise from persistent problems, changing trends, and groundbreaking discoveries. From addressing traffic congestion through enhanced mobility solutions to the growing demand for eco-friendly business practices, the landscape of service and product development is shifting. Innovations like wireless internet are revolutionizing communication, while existing technologies such as the iPod continuously evolve to meet user needs. Furthermore, unique knowledge in social media platforms like Facebook presents unparalleled opportunities for connectivity and growth.

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Innovative Solutions for Modern Challenges and Opportunities in Technology

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Presentation Transcript

  1. Opportunity Recognition • Problems: A problem that needs to be solved by a service or product • Changes: A change in trends, laws, customs, etc. that produces a new need or want • New Discoveries: Creation of a totally new product or service • Existing Products or Services: Improve on what’s already out there • Unique Knowledge: One-of-a-kind experiences or uncommon knowledge that YOU have

  2. Bellringer • Label each of the examples on the back of your papers with the number that corresponds with the correct opportunity recognition description.

  3. Check Your Answers! • Problem (1): Traffic Congestion-It continues to worsen as population grows • Change/Trend (2): Eco-friendly business practices; they are becoming more widespread as customer demand increases • New Discovery (3): Wireless internet; it is replacing wired connections • Existing Products/Services (4): iPod; constantly improving and changing (4, 4s, 5, 5s…) • Unique Knowledge: Facebook; orginally required access to college student body to create

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