Lesson 7 Sources Of Entrepreneurial Ideas

Question 1

Sources Of Entrepreneurial Ideas

Answer 1

Changes in the Environment
Technological discovery and advancement
Government’s Thrust, programs, and policies
People’s Interest
Past Experience

Question 2

usually opens a business even if there are
no business opportunities existing in the community

Answer 2

Owner of Ordinary Business

Question 3

in this lesson refers to the physical
environment, societal environment, and the industry environment
where the

Answer 3

External Environment

Question 4

of the government
are also good sources of entrepreneurial ideas

Answer 4

Priorities, Programs, Projects, Policies

Question 5

Whenever there are changes in the policies and programs of
the government, what happens?

Answer 5

new entrepreneurial ideas are likely born