Final answer:
A business idea represents the core concept of a potential business venture, while various methods like market research and brainstorming can help in generating business ideas.
Explanation:
Business idea refers to a concept for a potential business venture that encompasses what the business will do, how it will do it, and why it will be successful. Generating business ideas can be done through methods such as:
- Conducting market research to identify gaps or needs
- Brainstorming and idea pitching sessions
- Observing trends and innovations in the industry
Learn more about Business idea generation here:
https://brainly.com/question/42090902
