Max wants to be an entrepreneur but in today's climate it is difficult to come up with a totally new idea and build a business around it. Max is scanning the environment as well as actively searching for an opportunity. He knows there is one just waiting for him, but how to find it is his challenge. He would most like to come up with something completely new where neither the supply for the demand is known. Max is involved in the process of __________________.
A) recognizing an opportunity
B) enacting an opportunity
C) discovering an opportunity
D) curiosity-driven research
E) conducting a feasibility study
Correct Answer:
Verified
Q42: All organizations have had a starting point
Q43: Which of the following is not one
Q44: The entrepreneurial process starts with _ .
A)
Q45: In exploring the context of a potential
Q46: The final step in the entrepreneurial process
Q48: Conventional entrepreneurship models start with the business
Q49: By definition, a start-up is _ designed
Q50: Organizations that are started in response to
Q51: The steps in the model for company
Q52: For the past two months, Ian has
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