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Several Studies Have Shown That Prior Experience in an Industry

question 29

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Several studies have shown that prior experience in an industry helps entrepreneurs recognize business opportunities.


Definitions:

Set-Point Value

A predetermined value at which a system aims to maintain a specific variable, such as temperature or pressure, in automation and control systems.

Data Compare

A function or process of analyzing and identifying differences or similarities between two sets of data.

Transfer

The act of moving data, energy, or materials from one location, system, or medium to another.

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