Entrepreneurs Need to Ensure That

question 15

Multiple Choice

Entrepreneurs need to ensure that:

• A) Resources are developed and changed and used to exploit opportunities ahead of rivals
• B) Capabilities exist to exploit opportunities ahead of rivals
• C) Value chains exist to exploit opportunities ahead of rivals
• D) External networks are utilised ahead of rivals

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Definitions:

Hypnosis

A therapeutic technique or state of concentration and focused attention designed to heighten suggestibility and receptiveness to direction, often used for behavior modification.

Role Playing

A method or technique used in training and therapy that involves acting out roles or situations to improve skills or understand perspectives.

Problem-focused

A coping strategy that involves directly addressing the cause of stress in a practical way.

Memory Consolidation

The process by which short-term memories are transformed into long-term memories, making them more stable and durable over time.