All of the businesses in Scenario B were started by entrepreneurs who were able to spot an)
A) adventure.
B) opportunity.
C) risk.
D) gamble.
E) benchmarking target.

Question

Quizplus · Accepted Answer

An opportunity refers to a favorable set of circumstances that allows an entrepreneur to create and operate a business to achieve a specific goal. The entrepreneurs in Scenario B were able to identify an opportunity in the market and turn it into a successful business venture.

All of the Businesses in Scenario B Were Started by Entrepreneurs