ENTREPRENEURSHIP

Detailed explanation-1: -The correct answer is E. It’s important to discern whether a particular idea meets the criteria for an opportunity .

Detailed explanation-2: -Brainstorming is a strategy used to generate a number of ideas to help solve a particular problem. The technique has been around for over 70 years and is still used today to engage students in solving a range of problems. Techniques vary but there is a general structure to follow when developing brainstorming sessions.

Detailed explanation-3: -Operating expenses-also known as selling, general and administrative expenses (SG&A)-are the costs of doing business. They include rent and utilities, marketing and advertising, sales and accounting, management and administrative salaries.

Detailed explanation-4: -What is often a positive result of accepting responsibility for a poor decision? Which of the following statements is true regarding the use of group creative-thinking techniques to facilitate the idea-generation process: Group members most often generate new ideas by altering or building upon another idea.