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A(n)________ Is the Process of Examining a Need in the Market

question 105

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A(n) ________ is the process of examining a need in the market, developing a solution for that need, and determining the entrepreneur's ability to successfully turn the idea into a business.


Definitions:

Thinking Outside

A creative thinking technique involving looking beyond conventional ideas and methods to solve problems.

Rubber

A stretchy, flexible material produced from the latex of certain plants or synthetically through petrochemical processes, used in various products, including tires and gloves.

Cement

A powdery substance made with calcined lime and clay that, when mixed with water, forms a paste that hardens and is used in building for bonding bricks or stones.

Traditional Thinking

A way of thinking that adheres to long-established practices, rules, or patterns, often resisting change or innovation.

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