_____ refers to the way entrepreneurs identify new products or services that may lead to promising businesses.
A. Focus-based decisions
B. Elasticity
C. Opportunity recognition
D. Cost-benefit analysis
Answer: C
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Most unhappy customers tell companies about their dissatisfaction either in a written or verbal manner.
Answer the following statement true (T) or false (F)
A succession of events that do not affect each other are ________
Fill in the blank with correct word.
Transporting goods from several origins to several destinations efficiently is called the transportation problem
Indicate whether the statement is true or false
The primary objective of an inventory system is to determine
A) When items should be ordered and how they should be shipped. B) What products will sell and what quantity is required. C) When items should be ordered and what quantity should be ordered. D) Who an order should be placed with and how many are needed. E) What quantity is required and where the order should be stored.