Recognizing Patterns Generates ______ That Let Entrepreneurs See Everyday Objects

question 24

Multiple Choice

Recognizing patterns generates ______ that let entrepreneurs see everyday objects in new light.

• A)insights
• B)actions
• C)demand
• D)observation

Understand the concepts of opportunity recognition and idea generation within entrepreneurship.

Identify and differentiate between finding and effectuation approaches in opportunity creation.

Recognize the importance of addressing unmet needs and solving problems in the marketplace.

Grasp the significance of habit-breaking and pattern recognition strategies for idea generation.

---

Definitions:

Interdependent

Mutually reliant on each other; a situation where entities depend on one another for resources, support, or functioning.

Environmental Resistance

The sum of environmental factors that limit the growth, distribution, or population size of an organism.

Biotic Factors

Living components of an ecosystem, such as plants and animals, that influence the structure and function of the ecosystem.

Carrying Capacity

The maximum number of individuals or species an environment can support without degradation.