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Questions and Answers
What are the learning objectives for the topic 'Creativity and the Business Idea'?
What are the learning objectives for the topic 'Creativity and the Business Idea'?
- Discuss the history of new ventures, identify potential challenges for new ventures, and analyze market trends for new ventures.
- Evaluate the success rate of new ventures, discuss legal requirements for new ventures, and identify potential risks for new ventures.
- Identify sources of ideas for new ventures, discuss methods for generating new venture ideas, and discuss creativity and creative problem-solving techniques. (correct)
- Identify sources of funding for new ventures, discuss marketing strategies for new venture ideas, and discuss team-building techniques.
Which trend is mentioned as an opportunity for starting a new venture?
Which trend is mentioned as an opportunity for starting a new venture?
- Automobile trend
- Television trend
- Wearable trend (correct)
- Print media trend
What is included in the wearable tech industry, according to the text?
What is included in the wearable tech industry, according to the text?
- Categories such as artificial intelligence (IBM Watson), cloud computing (Amazon Web Services), and cybersecurity (Norton).
- Categories such as 3D printing (MakerBot), renewable energy (Tesla), and space exploration (SpaceX).
- Categories such as virtual reality (Oculus Rift), home automation (Nest), and smart appliances (Samsung SmartThings).
- Categories such as augmented reality (Google Glass), body monitoring (Fitbit), and point of view (GoPro). (correct)
What does the text mention as a factor contributing to the ability to carry computers for wearable tech?
What does the text mention as a factor contributing to the ability to carry computers for wearable tech?
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What provides one of the greatest opportunities for starting a new venture?
What provides one of the greatest opportunities for starting a new venture?
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Study Notes
Creativity and the Business Idea
- The learning objectives for this topic include understanding how to generate and develop business ideas, and how to identify opportunities for new ventures.
Trends and Opportunities
- A trend mentioned as an opportunity for starting a new venture is the increasing demand for personalized and customized products.
- The wearable tech industry includes devices such as smartwatches, fitness trackers, and smart glasses.
- Advances in technology, particularly the miniaturization of computers, have contributed to the ability to carry computers in wearable tech.
- The internet and digital platforms provide one of the greatest opportunities for starting a new venture.
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