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4 Written questions

3 Multiple choice questions

  1. are conditions in which new goods or services can satisfy a need in the market.
  2. is the adoption of a similar innovation by different firms.
  3. the process by which individuals, teams, or organizations identify and pursue entrepreneurial opportunities without being immediately constrained by the resources they currently control.

3 True/False questions

  1. Innovationis the act of creating or developing a new product or process.


  2. International entrepreneurshipa process in which firms creatively discover and exploit opportunities that are outside their domestic markets in order to develop a competitive advantage.


  3. Corporate entrepreneurshipis taking entrepreneurial actions using a strategic perspective.


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