________ is defined as the connection between an entrepreneur's skills, understanding of an industry, and the ability to create a competitive advantage such that the sum of the parts of the new business is greater than the individual parts alone.
A)Gap analysis
B)Brainstorming
C)Opportunity analysis
D)Synergy

Question

Quizplus · Accepted Answer

Synergy is the concept of combining different elements in a way that the total outcome is more effective than the sum of its individual parts. It is a crucial factor in entrepreneurship where the entrepreneur brings their skills, knowledge, and understanding of an industry to create a competitive advantage that contributes to the overall success of the business.

________ Is Defined as the Connection Between an Entrepreneur's Skills