Which of the following is a defining characteristic of entrepreneurship?
A) Size of the firm
B) Market share of the firm
C) Ability to exploit opportunity
D) Nationality of the individual or firm
Correct Answer:
Verified
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Q29: Foreign acquisitions are an example of an
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Q31: Foreign firms interested in becoming licensees or
Q33: Entrepreneurs need to cultivate strong informal norms
Q34: Direct exports are the sale of products
Q35: Franchising is typically used in manufacturing industries.
Q36: Entrepreneurial firms can internationalize while staying in
Q37: Licensing is mostly used in the service
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