Module 2 Flashcards
What is a idea generation
It a process of creating, planning or communicating concrete ideas
What are the Needs based on Maslow’s Hierarchy Needs
1 Psychology Needs
2 security and safely
3 self actualization
4 socials Needs
5 self esteem and status
What are the creative methods used by an entrepreneur
1 🧠 brainstorming
2 Mind 🗺 mapping
3 Reserves Methods
4 Forced connections
5 Anology Methods
6 Attributes Methods
What are the merits[ Advantages] of an entrepreneur
1 full potential
2 hard work brings rewards
3 full control over destiny
What are the factors that could lead to failure
1 Economic Environment
2 Social Environment
3 Technology Environment
4 Political Environment
What is a buisness idea
It an idea that can be used to generate profits or money It the starting point of an entrepreneur venture
What is a business opportunity
An idea that has been researched and proven to be an ongoing income
What is creativity
It the ability to do something different and original