An Opportunity That Makes It Possible for a New Business

question 86

Multiple Choice

An opportunity that makes it possible for a new business to gain a foothold in a market refers to

• A)parallel competition.
• B)incremental innovation.
• C)entry wedge.
• D)altruism.

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Definitions:

Low-Wage Manufacturing Jobs

Positions in the manufacturing sector that offer compensation at or near the minimum wage, often requiring limited skills.

Domestic Service

Employment in households for tasks such as cleaning, cooking, and child care, historically a common form of employment for women.

Workplace

The location or environment where individuals are employed to perform tasks and responsibilities related to their occupation.

Male Breadwinners

Traditionally, men who are the primary or sole earners of income for their families, responsible for financial support.