What Is Not Necessarily an Important Criteria When Trying to Select

question 10

Multiple Choice

What is not necessarily an important criteria when trying to select a target industry for starting a venture:

• A) Major trends sweeping across the industry
• B) The intensity of current competition in the industry
• C) The activity level of new companies, venture deals, and M&A transactions
• D) An industry that was super hot last year

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Definitions:

Entitativity

The perception or degree to which a group of entities is considered to be a coherent, single unit.

Common Bond

The shared interest, purpose, or sympathy that unites individuals or groups, fostering a sense of connection and solidarity.

Common Identity

The sense of belonging to a group where members identify with a shared identity beyond their individual differences.

Prisoner's Dilemma

A paradox in decision analysis in which two individuals acting in their own self-interest do not produce the optimal outcome.