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Match List I with List II :
Choose the correct answer from the options given below :
A serial entrepreneur is an entrepreneur who invests their time, money, risks, and efforts into multiple ventures. Blue ocean strategy is a business approach in entrepreneurship that focuses on creating new market spaces and demand rather than competing in existing, saturated markets. Open innovation is a business strategy that uses both internal and external ideas, technologies, and resources to accelerate innovation. Unlike the traditional "closed" model, which relies solely on in-house R&D, open innovation involves collaborating with external partners, such as startups, universities, and even customers, to access a broader pool of knowledge and expertise.A profit margin is a financial ratio that measures the percentage of profit a company earns relative to its revenue.
Based on the summary of the meanings discussed above, the most suitable pair matching is provided in Option A, which is the correct answer.
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