Which of the following represents a business opportunity?

Study for the CBAP Strategy Analysis Test. Use flashcards and multiple choice questions, with each question offering hints and explanations. Prepare effectively for your exam!

A chance to explore new markets represents a business opportunity because it involves the potential for growth and expansion. When a business identifies new markets, it can develop strategies to reach untapped customers, increase its market share, and generate additional revenue. This proactive approach allows organizations to innovate and adapt to changing market conditions, positioning them for future success.

In contrast, the other options focus on challenges or limitations rather than opportunities. A problem that limits growth refers to existing barriers that hinder progress, and a setback in operations indicates disruptions that require attention and may impede success. An issue with current resources highlights deficiencies that need to be addressed rather than presenting a chance for advancement. Therefore, exploring new markets is the only option that aligns with the concept of capitalizing on potential business opportunities.

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