Which of the following is not a source of idea for entrepreneur
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Answer:
Which of the following is not a source of idea for entrepreneur
Explanation:
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Complete question:
Which of the following is not a source of ideas for an entrepreneur?
a. Cost of the project
b. Product profile
c. Imports and exports
d. Emerging technologies
a. Cost of the project is not a source of ideas for an entrepreneur.
Entrepreneur:
"An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards"
Source of ideas for an entrepreneur:
- There are various sources of business ideas for the entrepreneurs. They include analysis of customer needs, information from an existing organization, distribution channels and government.
- Apart from this, there are also other sources such as business or financial institutions, research and development setups, trade exhibitions, focus groups, trade fairs and shows.
- There are also certain theoritical methods to understand entrepreneurship which includes several methods like Heuristics method, Synectics method, Checklist method, Collective Notebook method and Market gap analysis.
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