An idea is the first milestone in the process of building a successful business. The characteristics of a promising business idea are: Innovative. Unique.
Realization of a concept or idea into a configuration, drawing, model, mould, pattern, plan or specification (on which the actual or commercial production of an item is based) and which helps achieve the item’s designated objective(s).
Management involves identifying the mission, objective, procedures, rules and manipulation of the human capital of an enterprise to contribute to the success of the enterprise.
Setting up and managing strategic relationships and alliances with partner companies. Leverage each other’s expertise, technologies to expand capacities for identifying, researching, analyzing and bringing to market new businesses and new products.