Seizing the opportunity. ASEAN Entrepreneurship Journal, 6: 6. pp. 25-28. ISSN 2637-0301 (2020)
Abstract
Opportunity identification involves technical expertise, such as financial analysis and market research and creativity, team building, problem-solving, and leadership. It was ticking off most of the factors, Infinitus Technology Sdn. Bhd. (ITSB) has identified the business opportunities, from upgrading the company's ownership status (from a partnership to private limited) to doing networking and joint ventures to seize more significant business opportunities. Starting up with HS Communication Enterprise in 2010, a partnership company that is formed by two nascent entrepreneurs who had gained their experience in communication systems by working for a major company, they incorporated the company to ITSB by 2012. The company is growing steadily, at around 15% annually since then. Being in a niche market of satellite communication and remote sensing, ITSB moves forward by creating and seizing business opportunities via a joint venture and business diversification. The achievement to immediately seize an opportunity brings a benefit that helps the company to succeed.
| Item Type: | Article |
|---|---|
| Keywords: | Entrepreneurship, Opportunity identification, Communication engineering, Risks |
| Taxonomy: | By Subject > Entrepreneurship > Business Fundamentals By Subject > Entrepreneurship > Success Story |
| Local Content Hub: | Subjects > Entrepreneurship |
| Depositing User: | Eza Eliana Abdul Wahid |
| Date Deposited: | 15 Jan 2021 08:42 |
| Last Modified: | 15 Jan 2021 08:42 |
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