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Instructions

Directions: answer the following questions:

1. List and describe the five approaches outlined in this chapter that can be used to generate creative new business ideas. What are the most important features of each of these?
2. List the six most important trends of the general environment. Describe three ways in which each trend might affect a small business.

In 500-750 words, submit this assignment in MS Word to your instructor via the dropbox. This assignment is worth 30 marks.

You will be graded on the following evaluation rubric:

Evaluation Scale x Criteria = Total Marks

Evaluation Scale
9-10	Exemplary level of performance or understanding.
8	Mastery level of performance or understanding.
7	Approaching mastery level of performance or understanding.
5-6	Adequate level of performance or understanding not yet demonstrated.
0	Component of assignment missing completely, or no level of understanding demonstrated.
Criteria
1	You provided a thorough response to question 1 by describing five approaches used to generate new business ideas.
2	You provided a thorough response to question 2 by listing the six most important trends in the general environment and three ways in which each trend might affect small business.
3	Assignment guidelines were followed (including proper spelling, grammar, and APA Style format, in addition to standard guidelines).