Successful Entrepreneurs Consistently Focus On

question 6

Multiple Choice

Successful entrepreneurs consistently focus on:

• A) seizing a market-based opportunity.
• B) obtaining resources.
• C) networking.
• D) making money.

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Definitions:

Given Event

An occurrence or outcome within a probability space that has a specified probability attached to it.

Independent Events

Two or more events whose outcomes do not affect each other, meaning the occurrence of one event does not change the probability of the other.

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 1 indicates certainty.

Marginal Probability

The probability of an event occurring, irrespective of the outcomes of other variables.