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Using His Own Money and Resources, Leo-Who Had Recently Been

Question 64

Multiple Choice

Using his own money and resources, Leo-who had recently been laid off from his job-started a new business based on the innovative ideas that he himself had generated. This is an example of a(n)


A) entrepreneurship.
B) joint venture.
C) business incubation.
D) diversification strategy.
E) bootlegging venture.

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