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Business Idea - Discussion
Assessment Brief-
Study the information specified in the succeeding figure below to answer this assessment
Required Tasks: a. Business ideas are based from any of those mentioned in the figure of cycle sources given above. Explain the implication, how each can be a source business idea?
b. From the sources of business ideas in the cycle above, where you will get your own business idea? Justify your answer, why?
c. From your answer in task B, what business idea you can generate? Support your answer from the concept of, "Entrepreneurship = creativity + innovation".
The learning outcome covered in this assessment is LO1 - Develop some basic skills, understanding and appreciation of entrepreneurship and business venturing.
An answer which demonstrates an excellent understanding of the question and of the complexity of the issues involved. There is a sound basis of relevant factual knowledge and/or the theoretical issues involved. Most of the important issues are dealt with in a detailed, specific and systematic way. There is either some measure of original thinking in the answer or an accurate and comprehensive account is given in a way which demonstrates understanding, for example by structuring the material such that it could not have been based just on reproduction of lecture notes and course material. Evidence of creativity, critical approach, and wide reading beyond the core subject matter.
Kindly go through the attached file in details and make sure to meet all the requirements in Marking Scheme page.. Zero plagiarism A quite exceptional and outstanding answer, providing insights, which would not be available publicly, and would, with some editing, be publishable. In 90-100 addition to the features of the next section, this range is distinguished by superior organisation, economic use of language and totally comprehensive, given the conditions of the exercise.
• Who does the company do business with
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