A "Bottom-Up" Perspective That Seeks to Understand the Entrepreneurial Process

question 15

Multiple Choice

A "bottom-up" perspective that seeks to understand the entrepreneurial process by focusing on the behavior and thought of individuals or groups of individuals is known as the

• A) macro perspective.
• B) micro perspective.
• C) opportunity perspective.
• D) external perspective.
• E) internal perspective.

---

Definitions:

Traffic Counts

The process of measuring the number and types of vehicles or pedestrians passing a certain point within a specific time frame.

Purchasing Power Analysis

A technique used to determine the amount of goods or services that can be purchased with a unit of currency.

Retail or Professional Service

Refers to businesses that sell goods directly to consumers or provide specialized professional services, respectively.

Load-Distance Analysis

A mathematical technique used in facility layout planning to minimize the weighted distances between departments or areas within a facility.