Business Studies, asked by jogeswararaok9793, 1 month ago

Which of the following is not a source of idea for entrepreneur

Answers

Answered by ksirsnaghul
0

Answer:

Which of the following is not a source of idea for entrepreneur

Explanation:

Answered by brokendreams
0

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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