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Describe the Three Separate Ways That Entrepreneurs Identify New Business

question 67

Essay

Describe the three separate ways that entrepreneurs identify new business, product, and service opportunities.


Definitions:

Social Readjustment Rating Scale

A scale that measures the stress level of individuals by assigning values to different life events.

Change-related Stress

Stress experienced as a result of adapting to new or changing circumstances or environments.

Holmes and Rahe

Refers to the Holmes and Rahe Stress Scale, a tool used to measure the stress load we carry, and predict the risk of becoming ill as a result.

Internal Conflict

A psychological struggle within the mind of an individual, arising from opposing demands or impulses.

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