Entrepreneurial Behavior Involves

question 7

Multiple Choice

Entrepreneurial behavior involves:

• A) the actions,thoughts and deeds to initiate a new venture regardless of social,project or business form
• B) the ideas for a new business
• C) new ideas for an old business
• D) the actions,thoughts and deeds to change an old venture regardless of social,project or business form

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Definitions:

Incremental Innovation

Refers to gradual and continuous improvements made to a product or service over time to enhance features or efficiency.

Brand Driven

Refers to businesses or strategies that prioritize brand development and management as a core component of growth and success.

Share Leaders

Companies or brands that hold the largest market share within a particular industry, often seen as the dominant players or benchmarks.

Radical Innovation

A groundbreaking change that fundamentally shifts how a market or industry operates, often creating new opportunities.