What are the three processes that entrepreneurs typically go through before they are able to identify an opportunity for a new business venture?

a. cost benefit analysis, market research, and product development
b. networking, resourcing, and marketing
c. funding, team building, and resource allocation
d. idea generation, creativity, and opportunity recognition.


d. idea generation, creativity, and opportunity recognition.

Business

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The Oliver Construction Company received $18,000 for six months rental income in advance on November 1, 2015, and credited the Rental Revenue account. The required adjusting entry on December 31, 2015, would include a

A) credit to Rental Revenue for $6,000 B) debit to Rental Revenue for $12,000 C) credit to Rental Receivable for $12,000 D) debit to Rental Revenue for $6,000

Business

Manageable questions cause difficulty, give information, and bring the discussion to a false conclusion.

Answer the following statement true (T) or false (F)

Business

A causal model that predicts demand when the independent variable and the dependent variable are linearly related is?

a. Linear trend forecast b. Simple linear regression forecast c. Multiple regression forecast d. Exponential smoothing forecast

Business

Autocratic decisions are made using available information at the time

Indicate whether the statement is true or false

Business