Frank Patterson started a firm in 2008 that creates and manufactures accessories for Harley-Davidson motorcycles. He started with four accessories, and after several months added three new accessories that have been very successful. The fact that Frank recognized the opportunity for the three new accessories only after he started his firm and become immersed in the motorcycle industry is an example of the ________ at work.
A) opportunity tenet
B) opportunity rule
C) chance rule
D) access principle
E) corridor principle

Question

Quizplus · Accepted Answer

The corridor principle suggests that once an entrepreneur starts a business, they gain access to new opportunities that were not visible before, as they become more immersed in the industry.

Frank Patterson Started a Firm in 2008 That Creates and Manufactures