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Chapter 6 Quiz Question 1 Miguel works as a technician for a large manufacturer of biomedical equipment. He has discovered a technique to produce composite materials more efficiently. The company encourages its employees to pursue new ideas on company premises. Which of the following does Miguel’s company support? Question 2 A description of the good or service, an assessment of the opportunity, an assessment of the entrepreneur, specification of activities and resources needed to translate the idea into a viablebusiness, and the source(s) of capital together make up a(n): Question 3 Cambridge Counseling, an entrepreneurial venture, does not have any distinctive services when compared with the well-established competitors in the field, and the business will require a sizable investment. Which quadrant of the entrepreneurial strategy matrix will the venture be placed?