1. The Austrian Economist who coined the phrase “creative destruction” was
A.Joseph Schumpeter
B.Joseph Goebbels
C.Joseph Idraulico
D.Joseph Stalin
2. One important attribute of an “opportunity” is the fact that it is
A. the destruction of the existing economic order
B. a situation (i.e., dependent on context)
C. a new venture
3. Ann Xprt has identified an opportunity that is related to an industry that she has always wanted to work in. This condition satisfies the ____ test of opportunities
A. grounded in a product or service that delivers value to a customer group
B. timeliness
C.durability
D.attractiveness
4. Owen Banksalot has identified an opportunity that is based on an emerging fad that will
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