Entrepreneurial Opportunity Is ________

question 73

Multiple Choice

Entrepreneurial opportunity is ________.

• A)the activities and investments committed to gain returns from the new product or service arising from the opportunity
• B)resources (i.e. ,money,relationships,etc. )the entrepreneur could lose if the opportunity does not succeed
• C)an occasion to bring into existence new products and services that allow outputs to be sold at a price greater than their cost of production
• D)an individual's ability to notice and be sensitive to new information about objects,incidents,and patterns of behavior in the environment
• E)the process in which an individual or group of individuals in an existing corporation create a new organization or instigate renewal or innovation within that corporation

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Definitions:

Financial Problems

Challenges faced by individuals or organizations in managing their money, often leading to a lack of financial stability or solvency.

Loss of Deposits

Occurs when funds deposited in a bank or financial institution are diminished due to factors like bank failures or fraud.

Great Depression

A significant international economic collapse that happened during the 1930s.

Bank Failures

Occur when a bank is unable to meet its obligations to depositors or creditors and is either closed or taken over by regulatory authorities.