Many Have Shown How Entrepreneurs Are Dependent on Institutions

Multiple Choice

Many have shown how entrepreneurs are dependent on institutions. What do institutions signify in this context?

A) the authorities and public organizations which impact entrepreneurship
B) the rules of the game which society expresses in the form of systems of rewards, conventions, laws, traditions and values
C) supporting organizations or institutions which assist entrepreneurs in the startup phase
D) theories pertaining to entrepreneurship and business ownership