Entrepreneurs Are Most Likely to Exploit an Opportunity When ________

question 3

Multiple Choice

Entrepreneurs are most likely to exploit an opportunity when ________.

• A)customers are likely to continue using the same product
• B)there is no market demand,but an opportunity to create market demand
• C)they perceive that they have the support of important stakeholders
• D)they want to enhance the prospects of the opportunity by training an incapable management team
• E)they feel they do not have access to the resources needed to ensure high levels of organizational performance

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Definitions:

Random

Characterized by or following no discernible pattern or rule, often used in the context of selecting elements unpredictably.

Weight Gain

The increase in body weight over a period, which can be a result of various factors including diet, exercise, and underlying health conditions.

Litters

Groups of young animals born to an animal at one time or the act of discarding trash inappropriately in the environment.

Wilcoxon Signed Rank Test

A statistical test that doesn't assume a specific distribution, designed to analyze two related samples, matched pairs, or repeated observations on a single subject, aiming to determine if there's a significant difference in the average ranks of their populations.