Which of the following is NOT a benefit of business ideation?InnovationCompetitive AdvantageProblem SolvingOpportunity Elimination
Question
Which of the following is NOT a benefit of business ideation?
- Innovation
- Competitive Advantage
- Problem Solving
- Opportunity Elimination
Solution
Analyzing the Options
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Innovation: Business ideation typically encourages creativity and the generation of new ideas, which leads to innovation.
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Competitive Advantage: The process of ideation can help businesses develop unique products or services, thus providing a competitive edge in the market.
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Problem Solving: Ideation helps identify and solve various business challenges, making it a key benefit in addressing issues within the company.
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Opportunity Elimination: This option does not represent a benefit of business ideation. Instead of eliminating opportunities, ideation focuses on recognizing and exploring new opportunities for growth and improvement.
Final Answer
Opportunity Elimination is NOT a benefit of business ideation.
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