In the Context of Identifying New Business Opportunities, Which of the Following

question 62

Multiple Choice

In the context of identifying new business opportunities, which of the following is the definition of brainstorming?

• A)A creative process whereby an individual is asked to develop ideas based on gaps in a market identified by venture capitalists
• B)A simple process of systematically examining the difference between what is expected in a business and what actually occurs during its operation
• C)A creative process whereby a group of individuals are brought together and asked to generate numerous ideas, with little or no effort made to evaluate the potential for each idea
• D)A rational process by which a group of an entrepreneur's peers evaluates his or her business ideas based on several parameters, such as financial risk and capability gaps

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Definitions:

Accounting Team

A group of professionals responsible for managing and reporting an organization’s financial transactions and maintaining its financial health.

Low-context Cultures

Cultures that rely heavily on explicit and direct communication, valuing clarity and precision in language.

Explicit Messages

Communications that clearly and directly convey their meaning without ambiguity.

Verbal Messages

Information or ideas conveyed through spoken words, as opposed to non-verbal means of communication.