Which of the Following Demonstrates the Correct Sequence in the Stages

question 52

Multiple Choice

Which of the following demonstrates the correct sequence in the stages of entrepreneurship?

• A)opportunity identification,opportunity evaluation,opportunity exploitation
• B)opportunity identification,opportunity exploitation,opportunity evaluation
• C)opportunity evaluation,opportunity identification,opportunity exploitation
• D)opportunity evaluation,opportunity exploitation,opportunity identification
• E)opportunity exploitation,opportunity evaluation,opportunity identification

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Definitions:

Domestic Output

The aggregate value of every product and service created within the confines of a nation during a specific period.

Redistribution

The reallocation of income, wealth, or resources among individuals or groups in a society.

Economic Discrimination

Unfair treatment of individuals based on economic factors, such as income, wealth, or consumption patterns.

Diagram

A diagram is a simplified drawing showing the appearance, structure, or workings of something; used extensively to explain economic theories and models.