In the Context of Business Risks, How Can an Entrepreneur

question 1

Multiple Choice

In the context of business risks, how can an entrepreneur identify competitors to a new potential business?

• A)By observing what potential customers do to satisfy their current needs or wants
• B)By performing a gap analysis evaluation to identify potential competitors
• C)By conducting a brainstorming session with other entrepreneurs
• D)By observing the market and identifying companies that have seen the maximum growth in the past quarter

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Definitions:

Radiation

Energy that is emitted in the form of waves or particles, which can be natural or artificial and has applications in medicine, energy production, and various technologies.

Localized

Restricted to a specific area or region; not widespread or generalized.

Immunotherapy

A treatment that uses certain parts of a person’s immune system to fight diseases such as cancer.

Astrocytoma

A type of tumor that originates in astrocytes, star-shaped glial cells in the brain and spinal cord, varying widely in malignancy.