An On-Going Search Involved All of the Following,EXCEPT

question 98

Multiple Choice

An on-going search involved all of the following,EXCEPT:

• A) involvement with product
• B) building of a bank of information for future use
• C) increased product and market knowledge leading to personal influence
• D) decreased impulse buying

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Definitions:

Opportunity-driven

Pursuing actions based on perceived potential for growth or benefit.

Timmons Model

A model of entrepreneurship that emphasizes the dynamic balance between opportunity, resources, and team, as the three critical factors in successful venture creation.

Bootstrapping

A method of starting a company using personal finance or operating revenues with minimal outside investment, emphasizing cost-efficiency and lean operations.

Consumer Trends

Patterns or tendencies in consumer behavior that indicate how the choices and preferences of consumers change over time in relation to various factors like market conditions, technological advancements, and cultural shifts.