Question: Abed has an idea for a new app that will identify constellations. He conducts a VRIO analysis before continuing with his plan. Which step of

Abed has an idea for a new app that will identify constellations. He conducts a VRIO analysis before continuing with his plan. Which step of the entrepreneurial process is involved here?

a. Industry conditions and competitor analysis

b. Feasibility analysis

c. Opportunity recognition

d. Business model and strategy

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