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How are business ideas created by entrepreneurs?
Entrepreneurs may use family and friends to generate new business ideas. They must identify the requirements of the market and the need for changes. Most of the business ideas are generated from problems faced by people around the entrepreneur. They also stem from things that disturb the entrepreneur. An entrepreneur can generate great business ideas by typing his own interests and hobbies.
Travelling helps and so does alertness. At times a business idea may be generated due to dissatisfaction from the use of a particular product or service. Finally research and internet surfing may help in generating unique ideas.
NO HANDWRITTEN OR COPIED ANSWERS PLEASE How are business ideas created by entrepreneurs?
NO HANDWRITTEN OR COPIED ANSWERS PLEASE Provide an example of how political and regulatory trends resulted in a new business, product, or service opportunity.
Please no handwritten or copied answers How can leveraging debt or a fixed-cost asset affect cash flow of the business?
PLEASE NO HANDWRITTEN OR COPIED ANSWERS What determines value?
NO HANDWRITTEN OR COPIED ANSWERS PLEASE Why is flexibility important in an entrepreneur?
NO HANDWRITTEN OR COPIED ANSWERS PLEASE Identify social trends that affect how individuals (and businesses) behave and set priorities; provide examples.
PLEASE NO HANDWRITTEN OR COPIED ANSWERS Explain the model for terrestrial planet formation.
NO HANDWRITTEN OR COPIED ANSWERS PLEASE Discuss the process of deciding whether to become a franchisee.
PLEASE NO HANDWRITTEN OR COPIED ANSWERS Define the interest rate after-tax and the calculation for it.
PLEASE NO HANDWRITTEN OR COPIED ANSWERS Analyze the expected returns on the six main types of investments or portfolios.
NO HANDWRITTEN OR COPIED ANSWERS PLEASE Explain why an entrepreneur must be diligent to spot product opportunities.