________ Refers to Making a Reasoned Analysis of an Opportunity

question 80

Multiple Choice

________ refers to making a reasoned analysis of an opportunity, envisioning potential solutions, evaluating those possibilities, and developing the most promising ones, consistent with the resources one has.

• A)Systems thinking
• B)Abstraction
• C)Collaboration
• D)Experimentation

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Definitions:

Knowledge Management

The process of capturing, distributing, and effectively using organizational knowledge to enhance performance, innovation, and competitive advantage.

Knowledge Dissemination

The process of spreading and sharing knowledge within an organization or to the broader public.

First-mover Strategy

A business strategy where a company is the first to enter a particular market or industry, gaining a competitive advantage.

Profitable Market

A market segment that generates more revenue than the expenses incurred in capturing and servicing it.