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Generate and describe a business idea of your choice

1.1 Generate and describe a business idea of your choice [2] 1.2 Which two sources and two methods did you use to generate the idea. [4] 2. Evaluate the idea of the product/service that you have generated by using the entrepreneurial creative process [6] 3. Describe any 3 characteristics of a good business idea [6] 4. Based on the business idea you have generated, identify any four categories of resources needed for the success of your venture. [8] 5. Describe the decision making process that you are going to follow when you face problems in your new venture. [14] 6. Describe the aspects that the capitalist (Investors) consider when evaluating the new venture proposal.
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