The generation of ideas for new businesses often occurs spontaneously and automatically.

Answer the following statement true (T) or false (F)


False

The generation of business ideas is not something that occurs automatically. Rather, it is a process of identifying the skills of the potential founders, identifying opportunities in the market, matching the initial financial funding available, and then marrying these together into a business idea that interests the potential founders.

Business

You might also like to view...

The Equal Credit Opportunity Act:

A. prohibits discrimination in credit transactions on grounds of sex, marital status, race, color, religion, national origin, and age. B. requires online ads for free credit reports to disclose whether the consumer must buy credit monitoring or other products or services to get the report. C. is designed to protect consumers from inaccurate credit reporting. D. sets forth basic privacy protections that must be provided by financial institutions and requires them to respect the privacy of their customers' nonpublic personal information.

Business

Which of the following best describes permission-based e-mail marketing?

A) sending unsolicited, unwanted commercial e-mail messages B) sending requests to users to join online social networking communities C) sending e-mail pitches only to customers who "opt-in" D) offering free promotional materials to new customers E) gathering demographic details for customer databases

Business

Porter Plumbing's stock had a required return of 11.75% last year, when the risk-free rate was 5.50% and the market risk premium was 4.75%. Then an increase in investor risk aversion caused the market risk premium to rise by 2%. The risk-free rate and the firm's beta remain unchanged. What is the company's new required rate of return? (Hint: First calculate the beta, then find the required return.)

A. 14.38% B. 14.74% C. 15.11% D. 15.49% E. 15.87%

Business

Fractional relationships among variables are considered standard form in a blending problem

Indicate whether this statement is true or false.

Business