At Each of the Different Stages of Developing a New

question 4

Multiple Choice

At each of the different stages of developing a new venture there are different significant challenges to overcome in order to make a successful transition to the next stage, what the researchers call "critical junctures".Which of the following is not normally such a critical transition?

• A)Entrepreneurial commitment - persistence that bind the venture champion to the emerging business venture.
• B)Venture credibility - of the venture team, key customers and other social capital and relationships.
• C)Resource availability - access to the necessary financial resources.
• D)Opportunity recognition - the ability to connect know-how to a commercial application.

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Definitions:

Gate Control Theory

A theory proposing that the perception of pain is not directly proportional to the amount of tissue injury, but rather, is modulated by interplay between different neurons in the spinal cord.

Psychological Factors

Aspects of an individual's mental and emotional state that can affect their physical health and overall well-being.

Opiate Analgesics

Medications derived from opium or synthetic analogs that are used to alleviate pain by acting on the central nervous system.

Workers' Compensation

An insurance program that provides benefits to employees who suffer job-related injuries or illnesses.