Explain the different sources of business ideas​

Answers

Answer 1

Answer:

Hobby.

Complaints.

Exhibitions.

Experience.

Brainstorming.

Surveys.

Mass media etc…

Explanation:

1. HOBBY:

An activity you do when you’re not working.

Do you know that you can make money from whatever it is you like or enjoy doing? All you have to do is to identify the things you do most often especially when you’re free, evaluate them and act. (Just have a quiet time and reflect on how to make money from what you enjoy doing).

2. COMPLAINTS:

Expressing unhappiness.

Critically evaluate the following statements…

“I wish there was…”

“If only there were a product that could…”

“If only there were services that could…”

See Also: How to Generate Business Ideas

Most of these come up maybe when a customer is not satisfied with a product/service that he or she has tried. Your role here is to put those complaints into consideration then generate ideas to solve such problems because from what you heard above, there is a problem that needs a solution.

3. EXHIBITION:

A demonstration of a particular skill or craft.

Attending exhibition and trade fairs regularly will help you discover new products or services and give you an opportunity to meet with manufacturers, sales representatives, wholesalers, distributors, etc… They can help you with information on getting started or might need your services.

4. EXPERIENCE:

Knowledge or skill gained through been involved in or exposed to something over a period of time.

Don’t look down on any skill or training you learned or passed through because over half of the ideas of successful businesses come from the experience in the work. The background of a potential entrepreneur plays a crucial role in the decision to go into the business as well as the type of venture to be created. Your skills and experience are your most important resources, therefore, be productive and capitalize on them.

See Also: Entrepreneur - Practice of Entrepreneurship (Summary)

5. BRAINSTORMING:

This is a way of making a group of people all think about something at the same time.

Often, in order to solve a problem or to create good ideas. It usually starts with a question or problem statement and each idea leads to one or more additional ideas, resulting in a good number.

Ensure you don’t criticize or judge the ideas of others.

Consider all ideas even those that seem to be wild or crazy.

The greater the number of ideas, the better.

Combine and improve upon the idea of others.

6. SURVEY:

To look at or consider something in a general or very broadway.

This has to do with an investigation on the opinions, behavior, etc… of a particular group of people which is usually done by asking them questions. Such a survey can be or might be conducted formally or informally by talking to people, usually using a questionnaire or through interviews and, or through observation.

See Also: How to Generate Business Ideas

7. MASS MEDIA:

This is a great source of information and news such as newspapers, magazines, radio, the internet and television.

They reach and influence a large number of people from the advertisements and offers and even information you derive from the mass media, you can come up with ideas to work on.


Related Questions

I need a 7 sentence summary on professional appearance

Answers

Answer:

what does this mean

Explanation:

Samantha is a single mother raising two young children. In 2015, she was let go from her assembly line job at the car plant where she had worked for 15 years. She has a 15 hr a week job which pays $12,000.00 a year. She qualifies for and receives the earned income tax credit. What will happen to her earned income credit if Samantha gets in increase in her pay and earns $17,350 now

Answers

Answer:

Her EITC will not be decreased.

Delta is defined as Multiple Choice the change in the value of an option for a dollar change in the price of the underlying asset. the change in the value of the underlying asset for a dollar change in the call price. the percentage change in the value of an option for a 1% change in the value of the underlying asset. the change in the volatility of the underlying stock price. None of the options are correct.

Answers

Answer:

the change in the value of an option for a dollar change in the price of the underlying asset.

Explanation:

Delta is explained in business terms to mean the distribution at which comparison is made between the change in the price of an asset, often sellable securities, to the interconnected change in the price of its by-product.

Hence, considering the available options, DELTA in this case is defined as "the change in the value of an option for a dollar change in the price of the underlying asset."

Which of the following is NOT a responsibility of the Finance department?
A.Obtaining needed funds B.Managing the use of company funds
C.Establishing external relations
D.Creating a financial plan

Answers

The statement "developing the external relations" is correct.

The following information related to the responsibility of the Finance department is:

Receiving the funds that are needed.Managing the fund of the company that is used.Developing the financial plan of the organization.

Therefore we can conclude that The statement "developing the external relations" is correct.

Learn more about the finance here: brainly.com/question/10024737

what are different sectors of profession​

Answers

Answer:

Accountancy, banking and finance.

Business, consulting and management.

Charity and voluntary work.

Creative arts and design.

Energy and utilities.

Engineering and manufacturing.

Environment and agriculture.

Healthcare.

Management is a process designed to achieve an organization's objectives by using its resources ____________ (accomplishing the objectives with a minimum of resources) and _________________ (having the intended result).

Answers

Answer:

efficiently, effectively

Explanation:

Management can be regarded as coordination as well as administration of set and various tasks within an organization so that some set goals cn be achieved. Some of the administration activities to reach these goal could be putting up a strategy

as well as coordination of the efforts of employees as well as utilization of available resources.

It should be noted that Management is a process designed to achieve an organization's objectives by using its resources efficiently (accomplishing the objectives with a minimum of resources) and effectively

(having the intended result).

Setsuko wants to start a business of her own. She does not have enough savings, so she approaches her bank to obtain short-term funds for operations. The bank agrees to lend her $10,000 as she has requested. In this scenario, the type of funding obtained by Setsuko can be regarded as a

Answers

The type of funding obtained by Setsuko is the line of credit.

The following information should be relevant for the credit line:

It is treated as a flexible loan.It is an amount of money i.e. defined and can be accessed whenever it is needed and after that, it could be repaid instant or over a period of time. It is for a short period of time.

Since in the given situation, it is mentioned that:

Setsuko obtained the funds for the short term.Bank lent her $10,000.

Therefore we can conclude that the type of funding obtained by Setsuko is the line of credit.

Learn more about the credit line here: brainly.com/question/17937007

Sixteen-year-old Omar is starting his first job with long daily commutes and heavy traffic. He wants to be a cautious driver and chooses car insurance with a very
low deductible. What is true?
He will likely pay low premiums.
He will probably have discounted premiums based on past safe driver history
His insurance will probably revise premiums every quarter.
His premiums are likely very high.

Answers

The statement " the premium is likely to be very much high" is correct.

The following information should be considered:

As per the financial experts, the auto insurance plan i.e. highly deductible should be wise as the annual premium amount should be less.In the case of the monthly premium, more amounts should be paid when there is less deductible. But for cars,  there is no need to worry as there should be car insurance having less deductible.

So, the following statements should not be relevant:

Lower premiums.Discounted premium.Revised premiums.

Therefore we can conclude that the statement " the premium is likely to be very much high" is correct.

Learn more about the premium here: brainly.com/question/9834518

The true statement for the given question is :

He will likely pay low premiums.

Car Insurance

The car insurance or the vehicle insurance is defined as the insurance of the vehicle or the security deposit against the car to provide protection to any physical damage to the vehicle.

In the context, Omar has to pay low premiums for the insurance of his car.

This is because the money deducted from him for the insurance for his car is very low. So he has to pay low premiums.

Learn More :

https://brainly.com/question/24160469

. Make a list of the ingredients for Samosa ​

Answers

Explanation:

Your Full and explanation is in the attachment

please look it once .

hope it is helpful to you

✌️✌️✌️✌️✌️✌️✌️

A profit-maximizing monopolist charges a price of $12. The intersection of the marginal revenue and marginal cost curves occurs where output is 10 units and marginal cost is $6. Average total cost for 10 units of output is $5. What is the monopolist's profit

Answers

It’s 70$ because I know

sove it then i will become you brain list​

Answers

Answer:

Total utility is a sum total of marginal utility

Explanation:

Urban City wants to acquire undeveloped private land within the city limits to construct a public park. The city brings a condemnation proceeding to obtain title to the land and determine its fair value to be paid to the private owner. This is

Answers

Answer:

the power of eminent domain

Explanation:

Eminent domain is the power that can be excercised by a government to convert private property to public use. They must however compensate the owner of the property.

The government must display that the public use of the property is vital.

In the given instance Urban City wants to acquire undeveloped private land within the city limits to construct a public park.

The process by which they brought condemnation proceedings to obtain title to the land and determine its fair value to be paid to the private owner, is the government excercising their power of eminent domain

When market conditions in a price-taker market are such that firms cannot cover their production costs, Group of answer choices the firms will suffer long-run economic losses. the firms will suffer short-run economic losses that will be exactly offset by long-run economic profits. some firms will go out of business, causing prices to rise until the remaining firms can cover their production costs. all firms will go out of business, since consumers will not pay prices that enable firms to cover their production costs.

Answers

Answer:

some firms will go out of business, causing prices to rise until the remaining firms can cover their production costs.

Explanation:

A price taker is a firm or a seller who is not able to set the market price for its goods and services. Instead, the price taker accepts the price set by market forces - forces of demand and supply.

An example of a price taking firm is a firm in a perfect competition

If a firm is not able to charge prices above production costs, the firm is earning an economic loss

If in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

A company issued 6,000 shares of stock at $10 each, with a par value of $2.

What amount is debited as Cash?

A. $6,000

B. $66,000

C. $30,000

D. $72,000

Answers

The answer is c $30,000

Answer:

A. 6,000

Explanation:

trust

Jade puts a picture of a collection of rare sports memorabilia up for bids on BuyBay, an Internet auction site. Khalil makes the highest bid and sends the payment, which Jade receives. Jade deposits the money but does not send the collection because she doesn't own it. This is Group of answer choices

Answers

Answer:

cyber fraud.

Explanation:

Cyber fraud can be regarded as one the numeeous type of cybercrime fraud, it could be a deception or tricks in the use the Internet just to defraud people, stealing of victims information and other valuables. These could able hiding of information by the fraudster or giving fake information so he/she can rob victims online of their valuables.

•Urgent• research report on a product
Criteria ^^ 400-500 words

Answers

It looks like there aren't many great matches for your search

list your personal interest​

Answers

Answer:

my interest is to reach conqueror in pubg mobile

What is an incentive?
A. It gives a person exclusive rights to make, use, or sell an invention.
B. It ensures corporations have the same rights as individuals.
C. It slows down business entry into certain markets.
D. It acts as a stimulus to a market.
SUBMIT

Answers

Answer:

it acts as a stimulus to a market

Explanation:

an incentive is the extra money given to an employee for the constant hard work done,this can therefore act as a stimulus.

I hope this helps

Jacob is looking to buy some car insurance and is reviewing different policies from several different agencies. The first policy he sees costs$750 for the upcoming year and is worth $10000 if he gets in a collision.After doing some research, he estimates that he has a 8% of getting in acar accident for that year. What is the expected value of buying this insurance policy

Answers

The expected value of buying this insurance policy is $50.

The expected value of buying the insurance policy is the weighted average of probabilities of the cost of the insurance and the cover if Jacob gets into an accident.

If Jacob gets into an accident and is covered, his payout will be:

= benefit - cost

= 10,000 - 750

= $9,250

The probability of this happening is 8%.

If Jacob does not get into an accident he would lose the $750 he paid in insurance premiums. The probability of this happening is:

= 100% - 8%

= 92%

The expected value of the insurance is:

= (probability of accident * payout if there is an accident) + (probability of no accident * payout if there is no accident)

= (8% * 9,250) + (92% * -750)

= $50

More information on expected value can be found at https://brainly.com/question/17069001.

Francis is a busy manager. She needs to quickly let her employees know about shift schedule changes for Wednesday afternoon, so she sends them an email. Anne knows that in business, time is a valuable commodity. What is Anne's main consideration when selecting her communication method

Answers

Reaching the most people with the least amount of effort. Plus it’s in writing, so employees can’t say they didn’t receive it. Email is professional way to pass on important information.

Again, consider Sharon, a single mother with two children under 18 who earns an annual income of $16,000. Suppose that Sharon qualifies for a
welfare program for single mothers that provides her with $500 cash for each child (a total of $1,000, since Sharon has two children). After receiving
welfare, is Sharon's family living in poverty?

O Yes
O No

Answers

Sharon and two kids makes 3 people total with both kids being under 18, the poverty level from the table is $20,231

She gets $1000 a month for her kids. 1000 x 12 months = $12,000 per year

12,000 + her annual salary = 12,000 + 16,000 = $28,000 per year.

28,000 is greater than 20,231 so she is not living in poverty.

The answer is no

1) what does regional employment means?
2) what does apprenticeship?
3 what is annex program?
4 what is vocational education?
5 write the types of soft skill training? ​

Answers

Answer:

1)The work or occupation for which one is used and often paid is known as employment. If employment is generated in a particular region or a locality only, it is termed as regional level employment and if employment is generated at the national level, it is termed as national level employment

2)Apprenticeship is a system for training a new generation of practitioners of a trade or profession with on-the-job training and often some accompanying study (classroom work and reading).

3)An annex is an extension of or an addition to a building. ... As a noun, an annex is part of a building or an addition to a main structure, or it can be an attachment, as in "an annex to the current plans." When used as a verb, the word means something a little different.

4)Vocational education is education that prepares people to work as a technician or to take up employment in a skilled craft or trade as a tradesperson or artisan. Vocational education is sometimes referred to as career and technical education.

5)Here are 15 soft skills examples that are essential traits among employees:

Communication.

Teamwork.

Problem-solving.

Time management.

Critical thinking.

Decision-making.

Organizational.

Stress management.

Answer:

1 Employment created and provided by a regional employer, business, company, enterprise, organization or regional unity government in a regional area of a country.

2 An apprenticeship is a program that trains a worker to become skilled in a particular trade

3 The Annex Program is a program that provided the protocol connection to Lyoko.

4 Vocational education is education that prepares people to work as a technician or to take up employment in a skilled craft or trade as a tradesperson or artisan.

5 Teamwork

Communication Skills

Problem-Solving Skills

Flexibility

Interpersonal Skills

Leadership skill

What is the business reason for China Noah’s potential currency exposure? Does the company really need to subject itself to substantial exchange rate risk? Is the risk "material" to China Noah? Do you think China Noah should hedge?

Answers

srry I dontcknwo

Explanation:

pls make as brriallent

Zoe, who works as a retail clerk, wishes to talk with her coworkers about organizing a union. Her employer forbids her from talking with other workers about union activity in the presence of customers and threatens to fire her if she joins the union. Does the employer have a legal right to make this threat to Zoe

Answers

Answer:

No. An employer may limit the time and place of conversation, but may not threaten to fire the employee.

Explanation:

Forming or joining a union is a legal right of all employees within an organisation.

Unions are created to fight for the rights of employees and to ensure they are not subject to inhumane treatment by employers.

In the given scenario Zoe wishes to talk with her coworkers about organizing a union.

The employer does not want her to discuss this in front of customers. This can be enforced legally by the employer.

However the threat to fire her for joining the union is illegal.

The employer only has the right to determine time and place of conversation

Monopolistic competitors in the food industry will often include a recyclable symbol on packaging used for their product as a means to be socially responsible. be environmentally responsible. differentiate their product. be perceived more favorably.

Answers

YES, BECAUSE WHETHER A BUSINESS DECIDES TO PROVIDE A POSITIVE LANDMARK STAMP ON THEIR PRODUCTS AND / OR SERVICES IS THEIR DECISION.

THE ONES THAT DECIDE TO MAKE THE DIFFERENCE ARE OFTEN REMARKABLE FROM THE COMPETITION, THIS OTHER ECONOMIC GROUP THAT DID NOT HAD THE INITIATIVE TO INNOVATE FOR A BETTER EXPERIENCE.

From June to the end of September, Jennifer wants to save at least $1,500. Her monthly expenses are $600. Jennifer saves whatever money she has left after paying her expenses each month. Jennifer is scheduled to work 80 hours in September. Find the minimum sales she needs in September to meet her goal of saving at least $1,500.

Answers

The minimum sales required by Jennifer to meet her savings goal must be $26.25 per hour or $2100 for September.

Given that,

Savings desired = $1500

Monthly expenses = $600

Let money earned by her every hour be [tex]x[/tex]

No. of scheduled work hours [tex]=[/tex] [tex]80[/tex]

So,

Total money earned for the month [tex]=[/tex] [tex]80[/tex] × [tex]x[/tex]

[tex]= 80x[/tex]

As we know,

Money left = Total money earned - expenses

[tex]= 80x[/tex] - [tex]$600[/tex] ...(i)

A.T.Q.

Money left must be = $1500

Then, by putting the variables in equation (i), we get

[tex]80x - 600 = 1500[/tex]

Now, solving for  [tex]x[/tex]

[tex]80x - 600 = 1500[/tex]

        [tex]+600 = + 600[/tex]

_______________

[tex]80x = 2100[/tex]

[tex]x = 2100/80[/tex]

∵ [tex]x = 26.25[/tex]

Thus, the required sales are $ [tex]26.25[/tex] per hour or ( [tex]26.25[/tex] × [tex]80[/tex] = $2100) for the month of September.

Learn more about 'savings' here:

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Name the institutions which provide technical education in nepal and describe any one of them​

Answers

Answer:

The institutions which provide technical education in Nepal are:-

i)Tribhuwan University (TU)

ii) Mahendra Sanskrit University (MSU) iii) Lumbini Bauddha University (LBU) iv)Kathmandu University (KU)

v)Purbanchal University (PurU)

vi) Pokhara University (PokhU).

Hola! En este grupo, estare subiendo muchos datos interesantes sobre la sag de peliculas ''Harry Potter''. ''Harry Potter'', Es una saga de peliculas conformadas por:
1.-Harry Potter y la piedra filosofal
2.-Harry Potter y la camara secreta
3.-Harry Potter y el prisionero de askaban
4.-Harry Potter y el caliz de fuego
5.- Harry Potter y la orden del fenix
6.-Harry Potter y el misterio del principe
7.-Harry Potter y las reliquias de la muerte-Parte 1
8.-Harry Potter y las reliquias de la muerte-Parte 2
Siganme! Asi de enteraran de todos los datos que no sabian de Harry Potter (Se recomienda a ver visto todas las peliculas de ''Harry Potter'' para que no te haga spoiler)

Answers

Wizard Man info? Count me in! I'll be sure to give you a follow. ;)

Answer:ghj

Explanation:

The U.S. Congress enacts a new federal statute that sets different standards for the liability of businesses selling defective products. This statute applies

Answers

The new federal statute i.e. different standards should be set out and there should be the liability for selling the defective products that should be applied to all the states.

The following information should be considered:

The new federal statute should be enacted in which the different standards should be set out.In this, there is the liability for selling out the defective products and this should be applied to all states as everyone should be treated equally so all states should be considered.

Therefore we can conclude that The new federal statute i.e. different standards should be set out and there should be the liability for selling the defective products that should be applied to all the states.

Learn more about the statute here: brainly.com/question/7692374

A manufacturer of a variety of technological devices asked its marketing department to develop inexpensive methods of building and maintaining brand awareness and excitement. The marketing department then recruited consumers who were early adopters of technological devices to spread the word about the company's new products. This is an example of ________.

Answers

Answer:

Accountancy There are 6 points on a coordinate plane. The points are (negative 5, 0), (negative 4, 1), (negative 3, 4), (1, negative 2), (2, 4), (5, negative 3).

A domain: {–5, –4, –3, –2, 0, 1, 2, 3, 4, 5}

B domain: {–3, –2, 0, 1, 4}

C domain: {–5, –4, –3, 1, 2, 5}

D domain: {(–5, 0), (–4, 1), (–3, 4), (1, –2), (2, 4), (5, –3)}

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