Which of the following applies to the process of conceiving an opportunity to offer new or improved goods or services,taking the initiative to pursue the opportunity,making plans,and mobilizing the resources necessary to convert that opportunity into reality?

Question

Quizplus · Accepted Answer

The process described involves the identification and pursuit of a new opportunity, which is a key aspect of entrepreneurship. The other options, such as imitation, leadership, or innovation, may play a role in the process but do not fully capture the breadth of activities involved in conceiving and creating a new venture.

Which of the Following Applies to the Process of Conceiving