Commerce Exam  >  Commerce Questions  >  The various sources of idea fields are:a)Natu... Start Learning for Free
The various sources of idea fields are:
  • a)
    Natural resources 
  • b)
    Service related 
  • c)
    Trading related
  • d)
    All of the above    
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
The various sources of idea fields are:a)Naturalresourcesb)Servicerela...
Employees and the research & development department of the company are great internal sources. Whereas, external sources are also very helpful. These are customers, suppliers, competitors, distribution channels, government, educational institutions, and focus groups.
Free Test
Community Answer
The various sources of idea fields are:a)Naturalresourcesb)Servicerela...
Sources of Idea Fields in Commerce

Natural Resources
- Natural resources refer to the materials and substances that occur naturally in the environment.
- These resources can be used to create new products or improve existing ones, leading to new ideas and innovations.
- Examples of natural resources include minerals, timber, water, and air.

Service-related
- Service-related idea fields refer to the various services that people need or desire.
- These services can include anything from healthcare and education to transportation and entertainment.
- Identifying gaps or inefficiencies in existing services can lead to new ideas for improving or creating new services.

Trading-related
- Trading-related idea fields refer to the exchange of goods and services between countries, companies, or individuals.
- The global market creates opportunities for new ideas in areas such as international trade, finance, and logistics.
- Identifying emerging markets or new trading partners can lead to new ideas for products or services.

Alloftheabove
- All of the above sources can contribute to idea fields in commerce.
- By considering the various natural resources, service-related needs, and trading opportunities, entrepreneurs and businesses can identify new ideas and opportunities for growth.
- Combining these sources can lead to innovative ideas that address multiple needs or markets.

In conclusion, natural resources, service-related needs, and trading opportunities are all sources of idea fields in commerce. By identifying and combining these sources, entrepreneurs and businesses can develop new ideas and opportunities for growth.
Explore Courses for Commerce exam

Top Courses for Commerce

Question Description
The various sources of idea fields are:a)Naturalresourcesb)Servicerelatedc)Tradingrelatedd)Alloftheabove Correct answer is option 'D'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about The various sources of idea fields are:a)Naturalresourcesb)Servicerelatedc)Tradingrelatedd)Alloftheabove Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The various sources of idea fields are:a)Naturalresourcesb)Servicerelatedc)Tradingrelatedd)Alloftheabove Correct answer is option 'D'. Can you explain this answer?.
Solutions for The various sources of idea fields are:a)Naturalresourcesb)Servicerelatedc)Tradingrelatedd)Alloftheabove Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of The various sources of idea fields are:a)Naturalresourcesb)Servicerelatedc)Tradingrelatedd)Alloftheabove Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The various sources of idea fields are:a)Naturalresourcesb)Servicerelatedc)Tradingrelatedd)Alloftheabove Correct answer is option 'D'. Can you explain this answer?, a detailed solution for The various sources of idea fields are:a)Naturalresourcesb)Servicerelatedc)Tradingrelatedd)Alloftheabove Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of The various sources of idea fields are:a)Naturalresourcesb)Servicerelatedc)Tradingrelatedd)Alloftheabove Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The various sources of idea fields are:a)Naturalresourcesb)Servicerelatedc)Tradingrelatedd)Alloftheabove Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev