Identifying Opportunities Is a Strategic Process While Developing the Capabilities

question 4

True/False

Identifying opportunities is a strategic process while developing the capabilities needed to exploit them is an entrepreneurial process.

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Definitions:

Breach

The violation or non-fulfillment of a legal obligation, contract, or agreement.

Expenses

Monetary outlays or expenditures that individuals, businesses, or other entities incur during their operations, which may include costs related to goods, services, operations, or investments.

Cover

Protection or security provided by an insurance policy; or in finance, to deal with a position by buying or selling securities.

Good Faith

Acting with honesty and sincerity without the intention to defraud or deceive others.