Opportunity Recognition Is Defined as ______

question 26

Multiple Choice

Opportunity recognition is defined as ______.

• A)recognition that ideas are not only new and potentially useful, but have the potential to generate economic value
• B)production of ideas for something new
• C)production of ideas for something that is also potentially useful
• D)the results of brainstorming with friends and family

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Definitions:

Investment Centers

Division within a company that is treated as a separate unit for measuring its financial performance, often responsible for its revenues, expenses, and investments.

Profit Centers

Segments or departments within a company that are responsible for generating revenue and are evaluated on their profitability.

Net Income

The remaining income of a firm after deducting every expense and tax from the gross revenue.

Divisional Income

The income generated by a specific division or segment of a larger company, useful for assessing the division's financial performance.