Asked by Jameson Campbell on Feb 18, 2024



An entrepreneur's business model must be flexible in order to respond to new information.


An individual or a group who creates something new—a new idea, a new item or product, a new institution, a new market, a new set of possibilities.

  • Understanding the need for flexibility in response to new information
  • Recognizing the impact of new information on business decisions
  • Importance of adaptability in an entrepreneur's business model

Verified Answer

Brandon Williams

Feb 18, 2024

Final Answer :
Explanation :
An entrepreneur's business model should be adaptable to changing market conditions and customer needs. Being flexible allows the entrepreneur to make quick adjustments to meet new challenges and take advantage of new opportunities.