In what ways are business ideas generated?

      

Highlight ways of generating business ideas.

  

Answers


Maurice
(i) Listening of what people say.

(ii) Identifying market gap/ niche.

(iii) Copying/ improving existing idea or product.

(iv) Combining business ideas.

(v) Information from the media.

(vi) Trade fairs/ shows/ exhibitions.

(vii) Personal skills/ hobbies/ talents.

(viii) Formal/ vocational training.

(ix) Market research/ survey.

(x) Using events/ occasions for example, sports.

(xi) Identifying waste products.
maurice.mutuku answered the question on July 14, 2017 at 07:50


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