How can entrepreneurs ensure that their business stays

Assignment Help Management Theories

Reference no: EM133246783

1. How do entrepreneurs recognize new ideas for their business?

2. What are some common ways you can search for new business opportunities?

3. What are the differences among imitation, incremental, and radical innovation strategies? How can you assess which one is right for your business?

4. How can entrepreneurs quickly screen large numbers of new ideas?

5. What is a business model canvas, and how do you use it to assess the potential of a business?

6. What should a good feasibility study contain? What questions can it help you answer to determine if your business idea is a sound one?

7. What pitfalls should you watch out for as you are searching for new opportunities?

8. How can entrepreneurs ensure that their business stays innovative and fresh? Why do you think some small businesses lose their creative edge as the business grows?

Reference no: EM133246783

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