Chapter 8, Problem 9AA

To determine

To ascertain the term that best completes each sentences.

Explanation of Solution

It is helpful for a new business to be distinct or different in some way, from its competitors Innovation arises the opportunity of reacting to developments and finding new opportunities. This can also help cultivate competitive advantages, it enhance to create better products and services for the clients. Entrepreneurship capability is very crucial because it has the capability to increase living standards and generate wealth not only for entrepreneurs but also for related companies. Entrepreneurs are also helping drive change through innovation where new and enhanced innovations enable new markets to expand.

Economics Concept Introduction

Introduction: Successful business people have many of the same traits. We are cheerful and positive. They 're self-starters, organized to open to any new ideas that cross the way.