Entrepreneurial Opportunities are defined as:

Question

Quizplus · Accepted Answer

Entrepreneurial opportunities are situations or circumstances that offer potential for new goods, services, raw materials, or organizing methods to be sold at a price greater than their production cost. Therefore, option D correctly defines entrepreneurial opportunities. Option A describes the outcome of entrepreneurial action, not the definition of entrepreneurial opportunity. Option B describes the decision-making processes of entrepreneurs, not the definition of entrepreneurial opportunity. Option C describes a process for evaluating entrepreneurial opportunities but is not the definition of entrepreneurial opportunity.

Entrepreneurial Opportunities Are Defined As