They Key to Coming Up with a Great Business Idea

question 1

Multiple Choice

They key to coming up with a great business idea is to:

• A) develop an innovative product or service.
• B) provide a product or service that no one else offers.
• C) fill an unmet need.
• D) offer a product that is similar to others.

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Definitions:

Partnership

A lawful business structure involving two or more people who divide both management responsibilities and earnings.

Payments

The action or process of paying someone or something, typically involving transferring money in exchange for goods or services.

Big Bank

A colloquial term often used to describe very large multinational banking and financial services corporations.

Capital Contribution

The act of injecting financial resources or assets into a company or partnership by its owners or partners.