NextQ200

Harish, after finishing his degree wanted to start his own business. He was confused as to the kind of business he should start. He attended a start-up session. One of the speakers stated that 'Creativity can be used to spot and harness opportunities, as well as be applied to develop new products and services.' State any three ways in which creative ideas can be generated.

Problem Identification & Idea FieldsStudy Simplify SpecialPYQ3LQCase_Based
Question 199
Passage
Shobha is a small-scale entrepreneur manufacturing chocolates in the name 'Yummilicious'. She had started this venture in the year 2012. She attended various start-up meeting where several Angel Investors and Venture Capitalists shared their success story and mentored the new budding entrepreneurs. In one of these sessions, she heard a mentor say that every entrepreneur should constantly and consistently aim to improve the products and services already existing in the market. Taking this cue, Shobha decided to introduce wafers, lollipop and hard candy under the same brand name.
Question 13LQCase_Based
Explain the benefits as to why Shobha is doing so?
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