Question 2: points A- Why Market Opportunity Analysis is important? (more than one asnswer] Its helps identify the founders' skills and competencies. It helps to know the market and competition. It also allows the firm to make optimum use of resources, It helps to know the financial state of the company (revenues, costs and profit). What is the link between innovation and entrepreneurship? B) Entrepreneurs use innovation processes for gaining strategic advantage in markets, by creating and exploiting change situations as opportunities for value creation B and D B- D) Entrepreneurs drive innovation in an attempt to change conditions in markets, as part of endless cycles of creative destruction A) Both innovation and entrepreneurship are two different names describing the same thing launching new businesses C) Innovation is necessarily the way by which entrepreneurs create new organizations. The complete steps to create a Business is called a O Business plan Business model canvas C- O Marketing strategy Startup Which of the following are components of creativity? 1. intellectual knowledge. D- 2. Technological Skills 3. Flexible and imaginative thinking skills. 4. Passion and motivation to derive solutions from problems, O 5. All answers are correct