Examlex
What is entrepreneurial opportunity? Which are the types of opportunities as described by Schumpeter?
Certificate of Deposit
A savings certificate with a fixed maturity date and specified fixed interest rate, often issued by banks.
Opportunity Costs
The value of the best alternative that must be foregone as a result of choosing a particular option.
Forgoing
The act of giving up something, typically as a sacrifice or in order to choose another option.
Activity
The engagement in tasks or actions aimed at achieving a certain objective or result.
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