Get premium membership and access questions with answers, video lessons as well as revision papers.

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


Next: What are the advantages of division of labour?
Previous: What problems may interfere with the effectiveness of face to face communication?

View More Business Studies Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions