Question: What is the difference between an idea and an opportunity for a new business? Give an example.

What is the difference between an idea and an opportunity for a new business? Give an example.

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 Law Questions!

Q:

Aliah has decided to start her own business. She plans to find an attractive opportunity and start a laundry pick - up service company. As a new entrepreneur fresh out of college, she needs to...

Q:

Entrepreneurship and innovation The keys to global economic recovery invention Executive summary At a time when entire economies and industries are reeling from the nancial crisis, business leaders...

Q:

there is discussion question at the end of case i only need (question 2 answer with 500-600 words)please help me out CASE INVOLVING INTERPERSONAL CONFLICT ANALYSIS Educational Pension Investments...

Q:

CASE INVOLVING INTERPERSONAL CONFLICT Educational Pension Investments Educitlonat Pension finestments (EPV), locared in Now Kork, invests penston funds for eductiona insthutions. th 1988 , t employed...

Q:

CASE INVOLVING INTERPERSONAL CONFLICT Educational Pension Investments Educitlonat Pension finestments (EPV), locared in Now Kork, invests penston funds for eductiona insthutions. th 1988 , t employed...

Q:

This assignment asks you to complete the case analysis on "Burt's Bees" from the text (see case at end of chapter 5). Burt's Bees is an interesting Case Analysis, and one that most people can relate...

Q:

answer the following questions. 1. Analyze The Pub's competitive environment and macroenvironment. 2. Answer the following questions. a. What are the two most significant driving forces of change in...

Q:

Drawntin Nuestions on entrepreneur ? 2 of 2 risks, rewards, and trade offs business versus a high potential business-one that will exceed $5 million in soles and grow substantially? 3. What is the...

Q:

I an entrepreneur ? 2 of 2 le risks, rewards, and trade-offs business versus a high-potential business--one that will exceed $5 million in sales and grow substantially? 3. What is the difference...

Q:

CASE INVOLVING INTERPERSONAL CONFLICT Educational Pension Investments Edycarisnal Fension imvsments (EP), locited in New Yori, Imest pension fuods for assest and dentrd an income of aboet 52.5...

Q:

DePaulis Furniture Manufacturers makes unfinished furniture for sale to customers from its own stores. Recently, the company has been considering taking production one additional step and finishing...

Q:

The income statement for Feel Good Health Foods shows gross profit of $151,000, operating expenses of $126,000, and cost of goods sold of $215,000. What is the amount of net sales revenue? a....

Q:

Which of the following is the strongest indication of a bust - out? The company has one permanent residential street address. Management suddenly changes without public notice. Inventory suddenly and...

Q:

Kemp & Beatley was a company incorporated under the laws of New York. Eight shareholders held the corporations outstanding 1,500 shares of stock. Petitioners Dissin and Gardstein together owned 20.33...

Q:

Cost-flow assumptions FIFO, LIFO and weighted average using a periodic system. The following data was available for Sellco for the fiscal year ended on January 31, 2011: Sales................1,600...

Q:

Judith loves cats, hates dogs, and is completely indifferent to tropical fish. Draw her indifference curves between (a) Cats and dogs, (b) Cats and fish, (c) Dogs and fish.

Q:

Husemann Co.'s assets include notes receivable from customers. During fiscal 2013, the amount of notes receivable averaged $138,750, and the interest rate of the notes averaged 4.8%. Required: a....

Q:

Causes of indirect variances. Heather's Horse Spa (HHS) is an establishment that boards, trains, and pampers horses while their owners are on vacation. Heather sells her service as an "enchanting...

Q:

Write a program to wish happy birthday to a student. Firstly, take today month and day as an input and secondly take birthday as an input in the form of month and day. If the input day and month...

Q:

6. Bring to mind a situation where you had a strong sense of satisfaction with what you did. Immerse yourself in the situation. i. How do you feel? ii. What do you hear? iii. What do you see?

Q:

3. Imagine a real event that brought joy to your past. What images, sounds, emo-tions, smells and tastes appear? Try to imagine a movie clip of this incident, as it could unfold if the circumstances...

Q:

7. Imagine yourself in a future situation that you know you do not thrive in. Try to bring with you that feeling of satisfaction from task 6 in the future uncomfortable situation. a. Highlight three...