On the Basis of the Information Presented in the Table

question 350

Multiple Choice

On the basis of the information presented in the table below, which presents the correct ordering of real GDP per person from highest to lowest?

• A) Atlantis, Merpois, Bensalem
• B) Bensalem, Atlantis, Merpois
• C) Atlantis, Bensalem, Merpois
• D) Bensalem, Merpois, Atlantis

Identify the characteristics, process, and significance of opportunity recognition in entrepreneurship.

Understand the concept of pattern recognition and its role in identifying business opportunities.

Learn the significance of prior knowledge and alertness in the entrepreneurial process.

Appreciate the complexity of value creation and its foundational assumptions in business.

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Definitions:

Product Approach

An approach in which the salesperson places the product on the counter or hands it to the customer, saying nothing.

Demonstrations

Live or virtual showcases of a product's features and benefits, designed to educate potential customers and encourage them to make a purchase.

Referral Approach

An approach that uses a third person’s name as a reference to approach the buyer.