_____ Consists of Identifying Opportunities, Planning and Preparing the Venture

question 30

Multiple Choice

_____ consists of identifying opportunities, planning and preparing the venture, and resourcing the venture and taking action.

• A)Business plan
• B)Bias for action
• C)New-market disruption
• D)Bootstrapping
• E)Entrepreneurial process

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Definitions:

Cross-cultural Negotiations

Negotiation processes that involve parties from different cultural backgrounds, requiring awareness and adaptation to cultural differences.

Deductively

In a logical manner that proceeds from general premises or principles to arrive at specific conclusions.

International Negotiation

The process of deliberation and compromise between countries to resolve disputes, strike deals, or establish treaties.

Expected Behavior

The conduct that is anticipated from someone based on societal norms or specifications of a role.