How can creative ideas become business opportunities?

Answers

Answer 1

Business ideas are something that you must test before they become your business opportunities and before you start transforming them into the real business.

For you, the business ideas are something that you believe will work as a profitable business. When you include the customers needs into the specific idea it will become a possible business opportunity ready for the future startup. Here, I want to talk about a technique from statistics to test business ideas using the null hypothesis.

For example, you have a business idea that can be presented as a statement that statisticians will call it a hypothesis. The hypothesis in the simplest words are ideas that need to be tested for approval.

If we want to use statistical language in this process, we can tell that your business idea is a null hypothesis, and now we want to test it with another hypothesis that are opposite to the null hypothesis. The opposite hypothesis for your null hypothesis will be that the business idea will not succeed, or it will fail.

It is important to think about all possibilities in the process of initial development or process of testing the initial business idea. One of them is that the idea will not succeed in the target market.

Answer 2

Answer:

creative ideas can become business opportunities by simply you going through with your idea. say you have an idea for a... bed that will improve sleep. all you need to do is go though with it. design it build it, whatever just do it.

Explanation:


Related Questions

Which area of intellectual property law did this case address?

copyright
trademark
trade secrets
right of publicity

Answers

Answer:

A is correct :)

Explanation:

Answer:A is correct i took the assingment trust me!

Explanation:

PRIVATE ENTERPRISE IS RUN MAINLY TO?

Answers

Answer:

The private sector is the part of the economy that is run by individuals and companies for profit and is not state controlled. Therefore, it encompasses all for-profit businesses that are not owned or operated by the government

Explanation:

‍♀️

Which of the following is a way to introduce fresh ideas into a business? *
10 points
Staff promotion
Internal recruitment
External recruitment

Answers

Answer:

Internal recruitment is when the business looks to fill the vacancy from within its existing workforce

External recruitment is when the business looks to fill the vacancy from any suitable applicant outside the business

Of course, the option to use BOTH internal and external recruitment can be used. This is often the case for senior management appointments.

Internal recruitment

Advantages:

Cheaper and quicker to recruit

People already familiar with the business and how it operates

Provides opportunities for promotion with in the business – can be motivating

Business already knows the strengths and weaknesses of candidates

Disadvantages:

Limits the number of potential applicants

No new ideas can be introduced from outside

May cause resentment amongst candidates not appointed

Creates another vacancy which needs to be filled

External recruitment

Advantages:

Outside people bring in new ideas

Larger pool of workers from which to find the best candidate

People have a wider range of experience

Disadvantages:

Longer process

More expensive process due to advertising and interviews required

Selection process may not be effective enough to reveal the best candidate

What is the purpose of the Equal Employment Opportunity Commission (EEOC)?
A. To interpret and enforce federal laws prohibiting embezzlement
B. To interpret and enforce federal laws prohibiting gambling
C. To interpret and enforce federal laws prohibiting taxes
D. To interpret and enforce federal laws prohibiting discrimination

Answers

Answer:

D. To interpret and enforce federal laws prohibiting discrimination

Explanation:

PLEASE HELP ME ILL MAKE YOU BRAINLIEST

Answers

Answer:

C

Explanation:

Hope this helps!

An electronics company is trying to decide how many nee computers it should produce for export to china. Which factor would most likely cause the company to produce a large number of computers?

Answers

Answer: A. Chinese consumers believe that computer prices will rise in the  future.

Explanation:

If Chinese consumers believe that the price of computers will rise in future, they will demand more computers in the present so as to save on the costs of acquiring a computer in future.

This increased demand will mean that the company will have to produce more computers to satisfy the demand of their customers in China.

Which Finance career involves the stock market?
Financial and Investment Planning
Insurance Services
Business Financial Management
Banking and Related Services

Answers

Answer:

A or D (i think!)

Explanation:

Answer:The answer is A.) Financial and Investment Planning

Explanation:edge2020

Warm-Up
Teresa is considering purchasing a home for $220,000 by taking out a loan with an interest rate of 4.3% for 30 years. What would her monthly payment be?

Use the monthly payment formula to calculate the monthly payment for this loan:

M =
M = monthly payment

P = principal

r = interest rate

t = number of years

Answers

Answer:

$1,088.12

Explanation:

The formula for calculating monthly repayments is as below.

M=  P x    r      

              1 − (1+r)−^n

where p is the loan amount = $220,000

r = 4.3per cent or 0.043 % interest rate per year,

 on monthly basis r will be 0.043/12=0.00358%

n = 30 year, which is 30 x 12 months= 360 months

M= $220,000 x 0.00358    

                         1 - (1+0.00358 ) ^ - 360

M=$220,000 x  0.00358  

                         1- 0.2762

M = $220,000 x (0.00358 /0.7238)

M = $220,000 x 0.0049461

M = 1,088.12

Monthly payments will be $1,088.12

someone help i really need it !!!!

Answers

Answer:

Shoot, sorry, ik this was 3 days ago so my answer probably wont matter but you did give me point by letting me answer... Thanks!

Explanation:

:D

Select the correct answer.

What is a similarity between a term life insurance policy and a whole life insurance policy?

A.
Both provide coverage for the policyholder’s medical and outpatient surgery costs.
B.
Both can be held by the policyholder for a minimum of 5 years and a maximum of 25 years.
C.
Both include a cash value component that the policyholder can receive at the end of the policy’s term.
D.
Both provide financial compensation to the beneficiaries upon the policyholder’s death.

Answers

Answer:

D that's the correct trust me

Answer:

D. Both provide financial compensation to the beneficiaries upon the policyholder’s death.

Explanation: PLATO

When your company issues you a phone, you are obligated to respond to work emails at any time of the day or night. Do you agree? Give justification for your answer.

Answers

Actually that is not true I’m obligated to respond to your emails when during work hours not my personal time and the phone will only be set for work hours !

Actually, that is untrue; I must reply to your emails during business hours and not on my own time, and my phone will only be on during business hours.

What do you know about Email?

In order to send and receive messages, one can use electronic mail, also known as email or e-mail. The term "e-mail" was first used in the late 20th century to describe the digital equivalent of or counterpart to mail.

An email address is frequently seen as a fundamental and essential component of many activities in business, commerce, government, education, entertainment, and other aspects of daily life in current use. Email is a pervasive and extremely commonly used communication channel.

Email can be sent and received on both local area networks and computer networks, namely the Internet. Store-and-forward is the foundation of modern email systems.

Email servers handle message acceptance, delivery, forwarding, and archiving. Users must connect, usually to a network, although neither the users' machines nor them must be online at the same time.

Learn more about Email, from :

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How does organizational structure affect communication? Provide an example of how a sales associate might communicate an idea for a new promotion to the company's marketing department.

Answers

Answer:

The communication channels created by the organizational structure serve specific functions through downward, upward and lateral communication. Thus an organization's structure must facilitate this effective flow of communication.

Explanation:

Through lateral, upward, and downward communication, the organizational structure's communication channels fulfill particular purposes. Therefore, the organizational structure must support this efficient communication flow.

What is communication flow?

There are five possible directions for communication to move through an organization: externally, lateral, diagonally, upwardly, and downwardly. stating the mission and vision of the organization. Etc. Check to make sure the chosen method will successfully deliver the message.

Information is transferred from lower-level employees to higher-level employees through upward communication. As an illustration of upward communication, consider workers reporting to a supervisor or team leaders reporting to a department manager.

The four main channels of communication inside an organization are downhill, upward, horizontal, and multi-directional.

Thus, Through lateral, upward, and downward communication.

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i need friend on brainly asaPPPPPPPPPPPPPPPPPPPPPPPPPP
plessssssssssssss i neeedd 10000000000kkkkkk

Answers

Answer: can i be your  friends

Explanation:

can anyone help with this 2 part question pls??

Answers

d, a person who had never had a credit card .

Enter your gross pay, taxes, and deductions below. Press calculate when you’re ready.

Answers

Answer:

what are we supposed to be answering

how can we make a village or locality as beautiful as sarangkot ​

Answers

Answer:

wth is a sarangkot?-

Explanation:

Select the correct answer. Which of the following is most likely to be addressed as “Dr.”? A. A school superintendent B. A successful artist C. A playwright D. A sound technician

Answers

Answer:

D i think

Explanation:

Answer:

D

Explanation:

Rip x and juice


A financial institution that accepts deposits, makes loans, and provides other
financial services is a(n):

A. contractual institution.
B. depository institution.
C. fractional reserve institution.
D. investment institution.

Answers

Answer:

B. depository institution.

Explanation:

Depository financial institutions provide customers with a wide range of financial services. They accept customer's deposits, issue loans, process checks, facilitate local and international payment, among others.

Depository financial services comprise commercial banks that are profits oriented and not-for-profit institutions such as credit unions and thrift institutions. Commercial banks charge a higher interest rate on loan issued than credit unions. However, banks can issue bigger loans than credit unions.

Answer:it’s not B

Explanation:

Got wrong on A.P.E.X

A drag racer is speeding down the track at 150 m/s. At the finish line it deploys its parachute and applies the brakes to slow down to 10 m/s in 5 seconds. What is the acceleration of the drag racer?

Answers

Answer:

Acceleration, a = 28m/s²

Explanation:

Given the following data;

Initial velocity, u= 150m/s

Final velocity, v = 10m/s

Time, t = 5secs

To find the acceleration;

Acceleration, a = (v-u)/t

Substituting into the equation, we have;

Acceleration, a = (150-10)/5

Acceleration, a = 140/5

Acceleration, a = 28m/s²

Therefore, the acceleration of the drag racer is 28m/s².

Which source is NOT a valid data source for a mail merge?
O database
O Outlook contacts
O Excel worksheet
O PDF document

Answers

I think
Excel worksheet

From the different options listed below the one that is not a valid data source for mail merge is a database. Thus, the first option is the correct answer.

What is mail merge?

Mail merge allows us to create a batch of personalized documents for each recipient. A form letter, for example, could be personalized to address each recipient by name. The document is linked to a data source, such as a list, spreadsheet, or database.

Mail merge employs all Microsoft Word and Microsoft Excel document types, including Outlook contacts, Excel worksheets, and even PDF documents.

Databases, on the other hand, are server-side programs that contain a variety of information but are not classified as a specific document type and thus are not eligible for mail merge.

Therefore, database is not a valid data source for a mail merge.

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What is the decimal equivalent for 7/8?

Answers

Answer:

0.875 Is the decimal for 7/8 Hope this helps :)

Answer:

the correct answer for the decimal equicalent of 7/8 is 0.875

Explanation:

1/8 is equivalent to 0.125 so .125 x 7 is .875 :)

Design Math Quiz
QUESTION 1 of 10: To get your design manufactured, you need to pay $4,000 in setup costs and $5 per item. Which of the following
represents the cost of having 1,000 items made?
a) 5+4,000 x 1,000
b) 4,000 + 5 x 1,000
c) 4,005
d) 5x1,000

Answers

Answer:

b) 4,000 + 5 x 1,000

Explanation:

The cost of 1000 items will be the total of

1). the set up cost

2). The per item cost multiplied by 1000 units

Therefore, the cost function will

=set up cost($4000 )  + cost of 1000 items( $5 x 1000)

=$4000 + $5 x 1000

Based on the information given, which site does not appear credible? A. The information given on the site is in line with information you learned in your health class. B. The research given is cited by a reliable organization. C. The site focuses on testimonials from people who recommend the product. D. The information given is based on facts and does not seem biased.

Answers

Answer:

C. The site focuses on testimonials from people who recommend the product.

Answer:

The correct answers is (C)

Explanation:

it is a key concept in a business and economics that resources are

Answers

Answer:

Resources are scarce when unlimited wants exceed the capability of the available resources to satisfy them, so that economic choices must be made. Resources are used when an economic decision is made, meaning that a cost is incurred. The “opportunity cost” is the next best alternative use of those resources

Explanation:

The federal department responsible for promoting the welfare and success of wage earners, job seekers, and retirees in
this country is
the Commerce Department
the Department of Health and Human Services
the Agriculture Department
O the Labor Departhient

Answers

Answer:

i think its 2nd option

Explanation:

PLEASE HELP ME ILL MAKE YOU BRAINLIEST

Answers

Answer: i believe its Debt

Explanation:

DEBT IS THE ANSWER I THINK

Adam invests his scholarship money of $5,000 into a five-year bond paying 5% simple interest annually. what will be his future value of his deposit after the five-year period?​

Answers

Answer: 6,250

Explanation:

What is meeting the deductible?

Answers

Answer:

The amount you pay for covered health care services before your insurance plan starts to pay. With a $2,000 deductible, for example, you pay the first $2,000 of covered services yourself. ... Many plans pay for certain services, like a checkup or disease management programs, before you've met your deductible.

PLZZ extra points and brainlist

Think of a product or service that you believe to be dangerous. Write a letter to the Attorney General's
office of Virginia describing the product and why you think it is unsafe

Answers

Answer:

product drugs

Explanation:

can mess you up mentally and is bad for you and is banned to use and the more you use it the more you will be addicted

What are the six basic step of the problem solving process? HURRY I NEED THIS QUICK
WILL GIVE BRAINLIEST

Answers

Answer:

1) identify your problem: Try to describe the problem as much as possible, as opposed to focusing on the potential consequences or implications of the problem.

2) Pin point the problem

3) so that means you should do research based on the problem ^

4)Try evaluating the problem.. perhaps looking at it in perspective ^

5)see how the problem could affect you or others

6) Then work out a plan to solve the problem

Answer:

1) Identify the root problem

2) Identify the factors and causes

3) Generate alternative solutions

4) Decide on the best solution

5) Implement solution

6) Evaluate the results

Explanation:

Other Questions
Find two numbers the quotient is between. then estimate the quotient 413 ______ and _____ factors cam effect an organisms trait Which of these prices is lower than 5 for $3.00? 12 for 7 dollars8 for 5 dollars and 44 cents6 for $3.727 for $4.06(HELP TAKING A TEST) help ASAP trying to get my missing work in by today grades are due at 2 pm Excerpt from Dombey and SonCharles Dickens"The House will once again, Mrs Dombey,' said Mr Dombey, 'be not only in name but in fact Dombey and Son, and he added, in atone of luxurious satisfaction, with his eyes half-closed as if he were reading the name in a device of flowers, and inhaling theirfragrance at the same time; 'Dom-bey and Son!" Why is Dombey so pleased with the birth of his child?A)He has always wanted a sonB)He never thought that he would be a father.C)He knows his own father would be proud of him.D)He is thrilled that the name of his business will continue. The excerpt uses Christian holidays to structure the time frame of the story. This implies that if you weigh 88 N on the moon when the gravity 1.6m/s2 what is your mass I WILL MARK U BRAINLIEST IF U DO THIS CORRECTLY!!!!!! ATTACHMENT BELOW how many grams of water are needed to form 21.8 grams of oxygen gas? Ruben brought 2 large popcorn buckets and 4 small drins for 20. Lucia bought 2 large popcorn buckets and 2 small drinks for 14.What was the cost of the large popcorn and the small drinks Arsenic has one stable isotope:75/33 As.How many neutrons and protons are in a stable arsenic atom?A. 33 neutrons and 42 protons B. 33 neutrons and 75 protonsC. 42 neutrons and 33 protonsD. 75 neutrons and 33 protons Which equation represents a line parallel to the x-axis 1 x=52 y=103 x=1/3y4 y=5x +17 After constructing a confidence interval estimate for a population mean, you believe that the interval is useless because it is too wide. In order to correct this problem, you need to:_______.a. increase the population standard deviation b. increase the level of confidence c. increase the sample size d. increase the sample mean e, none of these would help what is the value of x What postulate would you use to prove PQR TSR? Subtract. Write the difference in simplest form.(5n - 3) - (-2n + 7) Cul es el permetro del rectngulo JKLM, con vrtices J(-1, 3), K(2, 3), L(2, -5) y M(-1, -5)? Group of answer choices 18 unidades 32 unidades 24 unidades 22 unidades Flag this Question Tammy, Kelley, and Jim love reading books. Tammy read 7.75 hours last month. Kelley read 7.69 hours. Jim read 7.075 hours. Who spent the most time reading What did the south confederacy believe they had to do to win the war? What happens if the House committee votes yes to the bill? Write the decimal equivalent to 43/12.