Identify some recent changes on current trends in the extern

Identify some recent changes on current trends in the external environment and the business opportunities they might offer.

Solution

-In this age of population explosion by considering the senior citizens can open up many business ideas and oppurtunities starting from their health to the products that they need for day to day activities which can be beneficial.Many oppurtunities regarding the technology that can be useful for the elderly people for activities like hearing , seeing and movement with the technology succh as hearing aid and so on which can be much more profitable .

-The external enivironmental that can provide business oppurtunities are the environmental disasters like the earthquakes , hurricanes ,floods provides business oppurtunities for the entrepreneurs like the contract for fixing the houses or repairing the houses damaged by the natural phenomenon .