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"One way to implement idea management is to schedule a time where everyone gathers to brainstorm ideas. Also, a team leader can be in charge of collecting ideas, and later sharing the best ones within a group."

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13y ago

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Suggest an idea that could turn into a business proposition how could it be possible to finance the new business?

The new business could be financed through a variety of means, such as through investments, loans, or even grants. The most important thing is to put together a solid business plan that outlines the potential for the new business and how it can be profitable. Once you have a strong business plan, you can then start to look for financing options that will work for your new business.


Why is a business idea important?

According to me, business idea is considered to be very important. Without a business idea, one cannot start a business. If you want to run a successful business it is necessary to have a business idea.


What is the most effective type of management system?

A lead management system is a good idea in that it allows for parts of the business to be organized to allow for better sales. This system can cover products, customers, returns, etc.


What is the important of business idea?

A business idea is important because it will help your company want to achieve something. If you do not have ideas, it is going to be almost impossible for the business to grow.


What are the Theory of organization in business and industry?

It is the study of formal social organizations. It helps to understand a business and the bureaucrats running them in relationship to its environment. The Weber's idea of bureaucracy, Management functions of Henri Fayol, Fredrick W. Taylor's, Principles of Scientific Management are some theories of organization.


Explain how management information system can be effectively used for various decision making purposes in a banking sector?

Please give me the brief answer for " Explain hw management information systems can be effectively used fo various decision making purposes in a management concern?


Define Business Idea?

A business idea is a concept which can be used for commercial purposes. It typically centers around a commodity or service that can be sold for money, according to a unique model. There are several methods for developing and testing a business idea. The ability to come up with a business idea can be transformed into a viable business, where ideas supported by feasibility and a business plan can then be sold to interested investors, firms, and interested parties for a lump sum or a management contract, or as agreed. Business ideas, if introduced at the right time, when demand for such service or a product introduced by the idea is expected to surge, can lead to a very profitable business. Business ideas are always available through different sources; however, it is the application applied on these ideas, and timing makes all the difference in failure or success.


What is business idea?

A business idea is a concept which can be used for commercial purposes. It typically centers around a commodityor service that can be sold for money, according to a unique model. There are several methods for developing and testing business idea. The ability to come up with a business idea can be transformed into a viable business, where ideas supported by feasibility and business plan can then be sold to interested investors, firms, and interested parties for a lump sum or a management contract, or as agreed. Business ideas, if introduced at the right time, when demand for such service or a product introduced by the idea is expected to surge, can lead to a very profitable business. Business ideas are always available through different sources; however, it is the application applied on these ideas, and timing makes all the difference in failure or success Source: Wikipedia.


I want help with online business?

1.Assess the viability of your new business idea. 2.Develop a business plan. 3.Choose a business name. 4.Decide on your business structure. 5.Take care of all the legal tasks. 6.Build your website and choose your sourcing and fulfillment methods. 7.Develop and implement your prelaunch marketing strategies. 8.Launch your new business.


What is the meaning of management trainee?

A Management Trainee Officer (MTO) is usually a person who joins a company as a entry level manager and learns the business process by working on every different division of the company. The core idea is that an MTO should be familiar with all aspects of the business, so that he/she can later be promoted to a top management's position.


How can a housewife get help with her idea?

By making it possible to implement her ideas in the practical life.


Are MBA and M.S. in Business Management rated equivalent by employers?

No. An MBA is valued over MS. It does depend on the individual company to some extent. To get an idea look at the qualifications of senior management, they will want similar qualifications of their employees.