Which of the following statements is correct? a. None of the options given are correct b. Entrepreneur cannot be successful if he/she does not provide a new product c. Entrepreneur can be involved in business by making improvements to an existing product d. Both statements are correct

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Which of the following statements
is correct?
a. None of the options given
are correct
O b. Entrepreneur cannot be
successful if he/she does
not provide a new product
c. Entrepreneur can be
involved in business by
making improvements to
an existing product
d. Both statements are correct
Transcribed Image Text:Which of the following statements is correct? a. None of the options given are correct O b. Entrepreneur cannot be successful if he/she does not provide a new product c. Entrepreneur can be involved in business by making improvements to an existing product d. Both statements are correct
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