In the context of identifying new business opportunities, which of the following is the definition of brainstorming?
A) A creative process whereby an individual is asked to develop ideas based on gaps in a market identified by venture capitalists
B) A simple process of systematically examining the difference between what is expected in a business and what actually occurs during its operation
C) A creative process whereby a group of individuals are brought together and asked to generate numerous ideas, with little or no effort made to evaluate the potential for each idea
D) A rational process by which a group of an entrepreneur's peers evaluates his or her business ideas based on several parameters, such as financial risk and capability gaps
Correct Answer:
Verified
Q54: An entrepreneur identifies a gap in the
Q55: As a result of conducting a gap
Q56: In the context of risks to new
Q57: Identify a true statement about the potential
Q58: Brainstorming works well in _ groups.
A)technical
B)advisory
C)formal
D)informal
Q60: In the context of generating new business
Q61: List and describe the three threats to
Q62: All of these are examples of nonfinancial
Q63: How does a potential business owner decide
Q64: _ is defined as the connection between
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