Entrepreneurship Is Noticing an Opportunity to Satisfy a Customer Need

question 68

True/False

Entrepreneurship is noticing an opportunity to satisfy a customer need and then deciding how to find and use resources to make a product that satisfies that need.

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Definitions:

Seriation

The ability to arrange objects in logical order, often by size, shape, or other attributes, a cognitive skill developed in childhood.

Classification

The action or process of categorizing things based on shared qualities or characteristics.

Conservation

A Piagetian concept referring to the understanding that certain properties of objects remain the same despite changes in the object's form or appearance.

Sociocultural Framework

A theory that examines how society and culture influence human development and behavior.