The period of time when the environment is favorable for entrepreneurs to exploit a particular new entry is the:
A) market research phase.
B) window of opportunity.
C) technology window.
D) narrow-scope strategy.

Question

The period of time when the environment is favorable for entrepreneurs to exploit a particular new entry is the: 
A) market research phase.
B) window of opportunity.
C) technology window.
D) narrow-scope strategy.

Quizplus · Accepted Answer

The window of opportunity refers to the period of time when the environment is favorable for entrepreneurs to pursue a particular business opportunity. This window may be influenced by factors such as market demand, technological advancements, and changes in regulations. The other answer choices are not directly related to the concept of the window of opportunity.

The Period of Time When the Environment Is Favorable for Entrepreneurs