NTW training

__________________________ is a concept that result in profits if it is turned into tangible products or services.

• Business marketing

• Business strategy

• Business plan

• Business idea

There are a few types of business ideas, EXCEPT:

• Service based ideas

• Product based ideas

• Social entrepreneurships ideas

• Positioning ideas

Handmade or artisanal products are an examples of ___________________ business ideas.

• Service based

• Product based

• Online or E-commerce

• Social entrepreneurships

First-hand data or information gathered through observation, experiments, interviews, and survey is refer to:

• Primary source data

• Secondary source data

• Tertiary source data

• Absolute data

Magazines, books, company data, annual report can be used  as references of identifying and seeking business ideas refers to:

• Secondary sources

• Second option

• Primary sources

• Tertiary data

There are FOUR (4) types of primary sources EXCEPT:

• Interview

• Experiments

• Hobbies

• Survey

There are THREE (3) type of secondary data, reliable existing data, mass media, electronic media and ______________________.

• Contents

• Tittle

• References

• Methodology

THREE (3) common methods for generating business ideas, EXCEPT:

• Brainstorming

• Focus group

• Survey

• Targeting

_____________________ is the ability to create or make something new or differently. It results in new idea or knowledge.

• Business idea

• Creativity

• Innovation

• Strategy

The process of translating an idea or invention into a good or service that creates value or for which customers will pay refers to ________________________.

• Innovation

• Creativity

• Strategy

• Option