_____ 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:

Organizational Behavior

The study of individual and group dynamics within an organizational context, focusing on improving productivity and promoting healthy work environments.

Real-life Settings

Contexts or environments that occur naturally in everyday life, as opposed to controlled or artificial situations.

Evidence-based Management

The practice of making managerial decisions based on the best available scientific evidence and data.

Simulated Settings

Artificially created environments designed to replicate real-life scenarios for training, testing, or research purposes.