Business Studies, asked by mohinis476, 3 months ago

explain a business idea in detail​

Answers

Answered by bhoomi000028
1

Explanation:

A business idea is a concept that can that can be used for financial gain that is usually centered on a product or service that can be offered for money . an idea is the base if the pyramid when it comes to the business as a whole . the characteristics of a promising business idea are: innovative, unique, problem solving, profitable. a business idea is often linked to its creater who needs to identify the business value proposition in order to increase market and establish competitive advantage

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