Identify a Characteristic of the Entrepreneurial Methods for Enterprising

question 11

Multiple Choice

Identify a characteristic of the entrepreneurial methods for enterprising.

• A) Allocating proportionate resources to existing business opportunities
• B) Being willing to sell and redeploy assets to seek higher returns
• C) Investing late to develop or adopt existing technology to new processes
• D) Having formal routines for gathering and disseminating market intelligence

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Definitions:

Intangible Asset

An asset lacking physical substance but offering economic value through rights or intellectual property.

Government Grant

Financial assistance provided by a government to individuals, organizations, or businesses, usually for specific purposes.

Natural Resources

Materials or substances such as minerals, forests, water, and fertile land occurring in nature, which can be used for economic gain.

Balance Sheet

A financial statement that provides a snapshot of a company's financial position, listing assets, liabilities, and shareholders' equity at a specific point in time.