The probability of the success of a business venture depends:
A)solely on strong execution of the strategies.
B)solely on the necessary resources and capabilities.
C)solely on the right entrepreneurial team.
D)solely on a good opportunity.
E)on a good opportunity, the right entrepreneurial team, and the necessary resources and capabilities.

Question

Quizplus · Accepted Answer

The success of a business venture is multifaceted, requiring not just a good opportunity, but also the right entrepreneurial team to execute the vision, and the necessary resources and capabilities to bring the idea to fruition. No single factor can guarantee success; it's the combination of these elements that typically leads to a successful business venture.

The Probability of the Success of a Business Venture Depends