Question

O 18. It is the process of considering, evaluating, and pursuing market-
based activities that are believed to be advantageous for the firm.
A. Opportunity seeking C. Opportunity screening
B. Opportunity seizing D. Sources of opportunity​

Answer 1

Answer:

18.) (A.) Opportunity seeking

Explanation:

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Answer 2

(A) Opportunity seeking is the process of considering, evaluating and pursuing market-based activities that are believed to be advantageous for the firm.

Explanation:

• The initiative to seek opportunities is taken by entrepreneurs in order to transform into business situations.
• Entrepreneurs are innovative people and hence they can easily seek opportunities.
• By implementing new ideas, we can seek opportunities.
• The entrepreneur will seek the old customers by finding new ways.
• The exhibition of new needs of the customers will determine the opportunity and it is an advantage for an entrepreneur in the market.
• Entrepreneurs are better than ordinary businessman because, they earn more profit by executing innovative ideas to satisfy the customers.