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Ryker Uses an Approach That Assumes Opportunities Exist Independent of Entrepreneurs

question 67

Multiple Choice

Ryker uses an approach that assumes opportunities exist independent of entrepreneurs and are waiting to be found.Ryker's approach is ______.


Definitions:

Real Time

Data processing or communication that happens instantly or with negligible latency, allowing for immediate response or interaction.

Customizable

Customizable refers to the ability of a product or service to be modified or tailored according to the specific needs or preferences of a customer.

Upstream Activities

Operations or processes in an industry that occur closer to the source of raw materials or the beginning of the production line, such as exploration and extraction in the oil industry.

Sourcing

The process involved in finding, evaluating, and engaging suppliers of goods and services.

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