Describe opportunity identification for the entrepreneur.
Directions: Please answer the following questions using complete sentences. A minimum of one paragraph is required for each response. Each paragraph must be five to seven sentences in length.
- Describe opportunity identification for the entrepreneur.
- What are the major sources of innovative ideas? Explain and give an example of each.
- What are the four major components in the creative process?
- What are the four steps involved in developing personal creativity?
- What are the four major types of innovation?
- Identify and describe five of the innovation principles.
- Identify the three main pathways to entering business for a prospective entrepreneur.
- What “right questions” need to be answered when deciding whether to buy a business?
- What is meant by the term franchise?
- What are the advantages and disadvantages of franchising?
joyce
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