Which of the Following Is the Most Cited Source of New

question 68

Multiple Choice

Which of the following is the most cited source of new business ideas?

• A) Brainstorming
• B) In-depth understanding of industry or profession
• C) A hobby
• D) Copying someone else
• E) Finding a market niche

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Definitions:

Public Company Accounting Oversight Board

A nonprofit organization established by Congress to oversee the audits of public companies in order to protect investors and the public interest by promoting informative, accurate, and independent audit reports.

Periodic Inspections

Regular, scheduled examinations or checks to ensure compliance with standards, regulations, or operational efficiency.

Negligence

A failure to behave with the level of care that someone of ordinary prudence would have exercised under the same circumstances, resulting in unintentional harm to another party.

Breach of Contract

occurs when one party fails to fulfill its contractual obligations, allowing the other party to seek legal remedies.