ENTREPRENEURSHIP

Detailed explanation-1: -Lateral thinking (horizontal thinking) is a form of ideation where designers approach problems by using reasoning that is disruptive or not immediately obvious. They use indirect and creative methods to think outside the box and see problems from radically new angles, gaining insights to help find innovative solutions.

Detailed explanation-2: -Lateral thinking offers a somewhat structured way to generate new ideas, while creative thinking opens the door to all possibilities. While critical thinking is needed in identifying and starting to solve problems, lateral and creative thinking help generate multiple, different, and often unexpected solutions.

Detailed explanation-3: -Lateral thinking however, looks at things from a sideways perspective (also known as horizontal thinking), in order to find answers that aren’t immediately apparent. The term was first coined by psychologist Edward de Bono. These skills are often required in creative careers like marketing or advertising.

Detailed explanation-4: -Creative thinking is the ability to come up with unique, original solutions. Also known as creative problem-solving, creative thinking is a valuable and marketable soft skill in a wide variety of careers.