Business Plans Objectives and Biosciences Definitions
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Questions and Answers

Which area is NOT mentioned as a key bio-business opportunity with health and development implications?

  • Marine biotechnology
  • Herbal and traditional medicine
  • Information technology services (correct)
  • Biopharming

What is considered a critical success factor for successful bio-business innovation?

  • Simple technology
  • Quality of money (correct)
  • Access to capital alone
  • Lack of partnerships

Which sector is included in the 'Agri-Veterinary and Food BB' opportunity areas?

  • Bioengineering
  • Life science education
  • Forestry and lumber (correct)
  • Biomedical BB

What does the term 'Bio-IT' refer to in the context of the text?

<p>Application of ICT in life sciences (C)</p> Signup and view all the answers

Which of the following is NOT considered a potential area for Bio-Business Opportunities?

<p>Astronomy research (A)</p> Signup and view all the answers

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