Podcast
Questions and Answers
A business idea with no profitability indication is always a viable option.
A business idea with no profitability indication is always a viable option.
False
A business idea that is profitable from the start is always screened in.
A business idea that is profitable from the start is always screened in.
True
A business idea with low profitability can still be considered viable.
A business idea with low profitability can still be considered viable.
True
Screening out unprofitable business ideas is a waste of time.
Screening out unprofitable business ideas is a waste of time.
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Business ideas with uncertain profitability should be given a chance.
Business ideas with uncertain profitability should be given a chance.
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Study Notes
Business Idea Viability
- A business idea without profitability indication can still be a viable option.
- A profitable business idea from the start is always considered credible.
- Low-profit business ideas can still be viable, despite their limited financial returns.
- Disqualifying unprofitable business ideas may not be the best strategy.
- Business ideas with uncertain profitability deserve consideration and exploration.
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Description
This quiz assesses your understanding of evaluating business ideas, including when to screen out unprofitable ideas and when to consider viable options.
