ENTREPRENEURIAL OPPORTUNITIES
IDENTIFYING AND EVALUATING BUSINESS OPPORTUNITIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Failure is something entrepreneurs should embrace instead of avoiding. By failing at something, entrepreneurs get the opportunity to identify weaknesses that need to be resolved to face future challenges.
Detailed explanation-2: -Innovation and opportunity are tied to risk Business leaders accept risk as a cost of opportunity and innovation. They know it cannot happen if you will not accept the risk that your undertaking might fail.
Detailed explanation-3: -Breathe, feel your emotions, and let them out. Your first step is to take a second to breathe. Recognize and reject irrational thoughts about failure. Look on the positive side of failure. Identify learnings by reflecting on the experience. Move on. Final Thoughts. 11-Jul-2022