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12 July, 12:18

Jessica teaches business studies in a reputed college. As part of the curriculum, she needs to demonstrate to her students the steps involved in starting a business. She plans to introduce the steps in a sequential order and ask her students to present their views and provide examples with each step. What is the first step she should discuss?

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  1. 12 July, 13:50
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    In the first step jessica should discuss the basic and general ideas of creating business.

    Explanation:

    As mentioned in the question jessica teaches business studies in a college and she has to demonstrate her students the steps which would be involved in the starting of a business.

    So, she has thought to demonstrate the ideas in a sequential order with proper examples and all the steps should be explained nicely.

    So, here in the first step she will need to:

    Start with the most basic and general idea of creation of new business.

    Here we should know why a business basic idea so important:

    Because a proper plan will only lead to a business reality. The idea will work as a blueprint in the guidance of business The best idea will progressively lead to well settled company from a start-up.
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