As Discussed in the Text, Stage 3 of Entrepreneurial Strategy

As discussed in the text, stage 3 of entrepreneurial strategy: the generation and exploitation of new entry opportunities is very important for which of the following reasons?

A) It is difficult to achieve competitive advantage without knowledge and resources.
B) The assessment of a new entry opportunity is critical to the exploitation of that opportunity.
C) An entry strategy is not worth very much without an appropriate risk reduction strategy.
D) Long-run performance is dependent upon the ability to generate and exploit numerous new entries.
E) None of the answers apply.