Asked by Trinhh Ph??ngg on Jun 04, 2024
Verified
Entrepreneurs are more likely to generate new business ideas if they stick to a routine of familiar experiences.
New Business Ideas
Innovative concepts or plans intended for implementation to start a business or offer new products or services.
Routine
A sequence of actions regularly followed; a fixed program or habitual set of activities.
Familiar Experiences
Events or activities that are recognized from past encounters or knowledge, leading to a sense of comfort or recognition.
- Recognize the significance of consumer input in the enhancement and cyclical refinement of products.
Verified Answer
ZK
Zybrea KnightJun 06, 2024
Final Answer :
False
Explanation :
Familiar experiences may limit an entrepreneur's exposure to new ideas and perspectives. It's important for entrepreneurs to break out of their routines and seek out diverse experiences and sources of inspiration for their business ideas.
Learning Objectives
- Recognize the significance of consumer input in the enhancement and cyclical refinement of products.
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