Which of the following is the process of seeking business opportunities under conditions of risk? Question 11Answer a. Leadership b. Diversification c. Entrepreneurship d. Growth e. Investment

1.A successful entrepreneur must decide whether to enter a highly competitive market or to find a niche. Which stage of the entrepreneurial process is this?  A. Opportunity recognition  B. Business model development  C. Adaptation  D. Resource acquisition

Which of the following is not required by entrepreneurship?1. Risk2. Focus3. Vision4. Creation of the future

The risks that the entrepreneur takes in  starting and  or operating their own business are varied.Group of answer choicesTrueFalse

Being an entrepreneur involves risks as well as rewards.  Which of the following is a risk of being an entrepreneur? Responsesuncertain income uncertain income creativity creativity decision-makingdecision-makingflexibility

Which of the following is NOT an entrepreneurial decision-making criterion?  A. Random selection  B. Market demand  C. Resource availability  D. Competitive landscape