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The Entrepreneur's Ability to Recognize a Business Opportunity Is a Result

question 60

True/False

The entrepreneur's ability to recognize a business opportunity is a result of his or her knowledge and experience. 


Definitions:

Design Specifications

Detailed information that outlines the requirements, dimensions, materials, and other essential criteria for the design and production of an item or project.

Process

A series of actions, changes, or functions that bring about a result, often related to manufacturing, business operations, or scientific research.

Natural Variation

The inherent fluctuations in the characteristics or performance of processes or systems over time.

Capable

Refers to the ability or capacity of something or someone to achieve a particular task or goal.

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