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Match Each Term with the Correct Definition

question 15

Multiple Choice

Match each term with the correct definition.
-Certified Application Counselors (CACs) or Marketplace Navigators

Define and distinguish between idea generation, creativity, and opportunity recognition in the entrepreneurial process.
Recognize the importance of cognitive and analytical strategies in idea generation and opportunity recognition.
Understand the role of pattern recognition, alertness, and prior knowledge in identifying entrepreneurial opportunities.
Appreciate the impact of cognitive styles on successful entrepreneurship and how they influence opportunity recognition.

Definitions:

Risks

The potential for loss or damage when a threat exploits a vulnerability.

Recommendations

Suggestions or proposals as to the best course of action, especially one put forward by someone with expertise or authority.

External

Pertaining to factors, influences, or conditions that exist or originate outside of an organization or system.

Unsolicited Proposal

A proposal submitted to an organization without their request, often aiming to solve a problem or offer services.

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