The Process of Identifying, Selecting, and Developing New Venture Opportunities

question 29

Multiple Choice

The process of identifying, selecting, and developing new venture opportunities is known as

• A)innovativeness.
• B)bootstrapping.
• C)opportunity recognition.
• D)brainstorming.

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Definitions:

Descriptive Statistics

Statistical methods that summarize and describe the features of a set of data.

Correlation

A statistical measure that describes the extent to which two variables change together, indicating the strength and direction of their relationship.

Correlation Coefficients

Statistical measures that quantify the strength and direction of a relationship between two or more variables.

Numerical Index

A quantitative measure or indicator that represents statistical data points or trends.