GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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a way to make money
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a way to gett rich quick
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an avenue to success
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None of the above
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Detailed explanation-1: -Entrepreneurial opportunity is defined and described as existing within four typologies; imitation, allocative, discovery, and construction, which all have individual characteristics.
Detailed explanation-2: -Entrepreneurial opportunity is the point at which identifiable consumer demand meets the feasibility of satisfying the requested product or service. In the field of entrepreneurship, specific criteria need to be met to move from an idea into an opportunity.
Detailed explanation-3: -Importance Of A Business Opportunity Without it, a business cannot begin, expand, or succeed. The main purpose of an opportunity is to serve as the basis for any action that results in profit and business growth. Opportunities allow businesses to create and implement ideas and innovations and improve their performance.