Which of the following is the most cited source of new business ideas?
A) Brainstorming
B) In-depth understanding of industry or profession
C) A hobby
D) Copying someone else
E) Finding a market niche

Question

Quizplus · Accepted Answer

In-depth understanding of industry or profession is the most cited source of new business ideas according to research. This understanding allows for identifying unmet needs, gaps in the market, and opportunities for innovation. Brainstorming, hobbies, copying someone else, and finding a market niche can also be sources of new business ideas, but they are not as consistently cited in research as having an in-depth understanding of the industry or profession.

Which of the Following Is the Most Cited Source of New