________ Is the Third Step of the Entrepreneurial Process

question 41

Multiple Choice

________ is the third step of the entrepreneurial process.

• A)Opportunity identification
• B)Opportunity evaluation
• C)Opportunity exploitation
• D)Opportunity selection
• E)Opportunity improvement

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Definitions:

Seller

An individual or entity that offers goods or services for sale to consumers or other businesses.

Express Warranty

A seller's explicit promise or guarantee about the condition or quality of a product.

Mechanic

A skilled worker specialized in constructing, repairing, or maintaining machinery, vehicles, or other technical systems.

Brakes

Devices used to slow down or stop a vehicle by applying pressure against a moving part to create friction.