The entrepreneur's ability to recognize a business opportunity is a result of his or her knowledge and experience.

Question

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An entrepreneur who has knowledge and experience in a particular field can recognize a business opportunity and have the skills to turn it into a successful venture. However, it is not the sole determinant of identifying a business opportunity. Other factors such as market research, analysis, and creativity also play a vital role.

The Entrepreneur's Ability to Recognize a Business Opportunity Is a Result