1.Generating new ideas can come from many sources, except:

a. Existing products and services

b. Federal government

c. Research and development

d. Elections by mail

2. Which of the following is not one of the 5 stages in the product planning and development process.

a. Entrepreneurial

b. Idea

c. Concept

d. Product development

3. To help generate and test new ideas on which the new business will be based, you can use brainstorming or brainwriting.

a. True

b. False

4. Any new successful business gets their start with the creation of a product or service.

a. True

b. False