One major theory of opportunity in which entrepreneurs create opportunities via their actions, reactions, and experiments around new products, services, and business models is known as _____ theory.
A) structuralist
B) conflict
C) creation
D) discovery
E) stakeholder

Question

Quizplus · Accepted Answer

The creation theory posits that entrepreneurs play an active role in creating opportunities through their innovative actions, reactions to the environment, and experimentation with new products, services, and business models. This contrasts with the discovery theory, which suggests that opportunities exist independently and are discovered by entrepreneurs.

One Major Theory of Opportunity in Which Entrepreneurs Create Opportunities