__________ Exist(s) When There Is a Need in the Market

question 101

Multiple Choice

__________ exist(s) when there is a need in the market that can be satisfied by new goods or services.

• A) Potentiality
• B) Market readiness
• C) Entrepreneurial opportunities
• D) Critical core competencies

---

Definitions:

Interest

A fee applied to borrowed funds, usually calculated as a percent of the principal amount.

Loan

A sum of money that is borrowed, typically from a financial institution, and is expected to be paid back with interest.

Months

Units of time, each approximately 30 days long, used to measure durations and periods in a year.

Investment

Channeling funds into ventures with the expectancy of generating income or profit.