Which of the Following Represents a "Change" Associated with the "Five

question 27

Multiple Choice

Which of the following represents a "change" associated with the "five roots of opportunity" explored in the text?

• A) The invention of the cell phone
• B) Expanded completion within an industry
• C) The entry of a new competitor
• D) Development of the technology for social networking
• E) The green movement and society's new concern with recycling

---

Definitions:

Uncertainty

The lack of complete certainty, that is, the existence of more than one possibility in the outcome of a future event.

Econometric

Relating to econometrics, the branch of economics that applies statistical and mathematical methods to analyze economic data and test theories.

Prime Interest Rate

The interest rate that commercial banks charge their most creditworthy customers, often used as a benchmark in the economy.

Time Series

A sequence of data points recorded or measured at successive times, usually at uniform intervals.