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A struggling company runs hackathons and hunts for a new direction for the business. That change of direction is a:
ARecall
BPivot
CMerger
DBuyout
Answer & Solution
Correct answer: B. Pivot
1. The old direction stopped working.
2. The team searched for another.
3. It is a pivot.
_Source: OpenStax Entrepreneurship, Chapter 11, Business Model and Feasibility Analysis._
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