'The Business Idea' - VCE Business Management Revision video. Topic 1 Unit 1

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This video goes through the main ideas of the first topic in Unit 1 of the VCE Business Management course - The Business Idea.

You can use this video to get an overview of the topic. You can pause and take notes on the different areas spoken about. It can also be used to identify areas that you may need to go back and look at in further depth.

Areas covered in this video:
- Business opportunities
- Motivations behind starting a business
- Goal setting in business
- Characteristics of successful business managers and entrepreneurs
- The relationship between business opportunities and business concept development
- Market research and initial feasibility studies
- How businesses contribute to economic and social wellbeing
- Fostering business innovation and entrepreneurship.

Thank you for watching, I hope you found this video useful.