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Yuki888 [10]
3 years ago
11

Understand and explain the process of idea generation and validation

Business
1 answer:
natita [175]3 years ago
4 0

Answer:

Idea generation is the creative process or procedure that a company uses in order to figure out solutions to any number of difficult challenges. It involves coming up with many ideas in a group discussion, selecting the best idea or ideas, working to create a plan to implement the idea, and then actually taking that idea and putting it into practice. The idea can be tangible, something you can touch or see, or intangible, something symbolic or cultural.

Idea validation is the process of testing and validating your idea prior to launching your business name, tagline, product, service or website. This is like the research and development process big companies use to test product ideas before they’re released to the general public.

Idea validation can involve anything from information-gathering interviews to special landing pages on the web. The entire purpose is to expose the idea to your target audience before you build and release the final product.

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The price of apples has recently fallen in the marketplace. From this information, we can safely predict that: a.a shortage of a
Stolb23 [73]

Answer:

d.a surplus of apples must have existed.

Explanation:

If the supply of apples increased while there is no change in the demand for Apples, there would be a surplus and price would fall.

If the supply of apples decreased while there is no change in the demand for Apples, there would be a shortage of apples and price would rise.

If the demand for apples recently increased while supply remains unchanged, there would be a shortage and the price of apples would rise.

I hope my answer helps you

8 0
3 years ago
Delivery trucks enter and leave a depot through a controlled gate. At the depot, each truck is loaded with packages, which will
Andrews [41]

The question that cannot be answered based on the information in the delivery truck data base is 2) What is the average number of customer deliveries made by each truck on a particular day?

<h3>Why can this question not be answered?</h3>

In order to answer this question, the number of customers that each truck delivered to during the day needs to be recorded.

The total number of deliveries will then be added up and divided by the number of trucks making deliveries.

The information on the number of deliveries made is not in the database so this question cannot be answered.

In conclusion, option 2 is correct.

Find out more on databases at brainly.com/question/518894.

5 0
2 years ago
An internet company gives their old computer system to the computer science department at a local high school. How would GDP be
trapecia [35]
The Gdp would increase I believe
3 0
3 years ago
Which of the following companies is most likely to have a negative Cash Conversion Cycle?
Veseljchak [2.6K]

Answer:

a) A discount retailer

Explanation:

The formula to determine the cash conversion cycle is shown below:

Cash Conversion Cycle = days inventory outstanding + days sales outstanding - days payables outstanding.

So as per the given situation, the first option i.e. discount retailer should have the negative cash conversion cycle as in other options it created the positive impact

So the option a is correct

3 0
2 years ago
Unfortunately, Angie doesn't have enough money in her account right now. She needs to make additional contributions at the end o
SIZIF [17.4K]

Answer: $770.22

Explanation:

If she makes equal contributions then those would be annuities. The $9,000 she wants to have will be the future value of the amount currently in her account and the annuity.

9,000 = 5,000 ( 1 + r) ^ n + ( annuity * future value interest factor of an annuity, 9%,  3 years)

9,000 = 5,000 ( 1 + 9%) ^ 3 + ( Annuity * 3.2781)

9,000 = 6,475.145‬ + 3.2781 * Annuity

Annuity  = (9,000 - 6,475.145‬) / 3.2781

Annuity = $770.22

4 0
3 years ago
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