Question: Question 2 ( 3 0 marks ) Idea generation is a creative process business use to generate new ideas, whether they're tangible or intangible. It

Question

2

(30

marks

)

Idea generation is a creative process business use to generate new ideas, whether they're tangible or intangible. It involves gathering ideas, research, testing, editing or revising and ultimately implementing the plan. There are many techniques that can be used.

Explain THREE

(3)

potential business ideas in industries of your interest. For each idea, provide a brief description, target market analysis, and explain why you believe it has the potential for success.

Question 2 (30 marks) Idea generation is a creative process business

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Idea generation is a creative process business use to generate new ideas, whether they re tangible or intangible. It involves gathering ideas, research, testing, editing or revising and ultimately...

Key points to discuss are (1) surprising findings, and (2) ways you can improve in particular areas. Please help me in forming a reflection according to the scores I got in the quiz. "I have...

Chapter 2: What are the Major Types of Social Research? Copyright 2011 by Pearson Education, Inc. All rights reserved. Use and Audience of Research Basic vs Applied Research: Basic research - type of...

Chapter 5 - Decision Making, learning, Creativity, and Entrepreneurship Decision making is the process by which managers respond to opportunities and threats by analyzing the options and making...

help me with product planning management. all these question. thank u very very much in advance. ANSWER ALL QUESTIONS Nike: Product Development-From Concept to Customer (Financial Review Case Studies...

its product planning management. help me with these question please. much needed, thank you very much in advance. heres the all question below Nike: Product Development-From Concept to Customer...

Subject: Product Planning Management Please Answer it with long answer and with example with each point. ANSWER ALL QUESTIONS Nike: Product Development-From Concept to Customer (Financial Review Case...

For each equation below, determine if the function is Odd, Even, or Neither f(x) = x + 4 Select an answer g(x) = 4x x Select an answer h(x)= x +4 [Select an answer

Why do governmental entities use fund accounting? How many funds might be used by a single governmental unit? How many fund types?

E4-18 (Algo) Recording the Effects of Adjusting Entries and Reporting a Corrected Income Statement and Balance Sheet LO4-1, 4-2 Skip to question [The following information applies to the questions...

Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,950 gallons @ $9.10 per gallon = $17,745 Purchases: Sales: Mar. 10 790 gals @ $ 9.15 Mar. 5 590 gals Mar. 16...