Multiple Choice
Carol enjoyed yarn crafts, but there were no yarn shops in her small town. She reasoned that there were many others nearby who might appreciate being able to purchase yarns and supplies without a long drive. Within a year her shop was profitable and expanding into larger space. Which of the following statements best describes this situation?
A) Carol grew a business out of her personal experience.
B) Carol turned her hobby into a thriving business.
C) Carol accidentally stumbled upon a gold mine.
D) Carol used her work experience as a source of startup ideas.
Correct Answer:

Verified
Correct Answer:
Verified
Q38: Match the term with its definition.<br>-The capabilities
Q39: Entrepreneurs who want to start or build
Q40: Considering Michael Porter's five factors that determine
Q41: Serendipity describes a new product idea resulting
Q42: The entrepreneur's "_" is found at the
Q44: Match the term with its definition.<br>-A preliminary
Q45: All of the following are trends in
Q46: Match the term with its definition.<br>-An assessment
Q47: Match the term with its definition.<br>-A benefit
Q48: Marketplace Farms is a regional cooperative of