One of the common barriers of starting a business for the entrepreneur is not being able  to generate a business idea. However, there are elements that one can use to generate  these business ideas, such as from skills, expertise and aptitude, from common needs,  from existing problems, from everyday problem and form other sources. In relation to the elements highlighted discuss and explain how the business ideas are generated.

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter6: Managing Start-Ups And New Ventures
Section: Chapter Questions
Problem 1SGB
icon
Related questions
Question

 One of the common barriers of starting a business for the entrepreneur is not being able 
to generate a business idea. However, there are elements that one can use to generate 
these business ideas, such as from skills, expertise and aptitude, from common needs, 
from existing problems, from everyday problem and form other sources. In relation to the
elements highlighted discuss and explain how the business ideas are generated.

Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Management, Loose-Leaf Version
Management, Loose-Leaf Version
Management
ISBN:
9781305969308
Author:
Richard L. Daft
Publisher:
South-Western College Pub
Principles of Management
Principles of Management
Management
ISBN:
9780998625768
Author:
OpenStax
Publisher:
OpenStax College