This entrepreneurial alertness is crucial to the market process. Disequilibrium represents a situation of widespread market ignorance. This ignorance is responsible for the emergence of profitable opportunities. Entrepreneurial alertness exploits these opportunities when others pass them by.
Sapiens, a Latin word meaning wise, may refer to: Berengarius Sapiens, a designation for Berengar the Wise, the count of Toulouse (814-835) and duke of Septimania (832-835) Felis sapiens (also Felix sapiens), a fictional, sentient, humanoid species from the Red Dwarf television series Gaius Laelius Sapiens (ca. 188 BC-?), a Roman statesman Gildas ...
(sÄp'rÉ-fÄ«t') An organism, especially a fungus or bacterium, that lives on and gets its nourishment from dead organisms or decaying organic material. Saprophytes recycle organic material in the soil, breaking it down into in simpler compounds that can be taken up by other organisms. saprophytic adjective (sÄp'rÉ-fÄ­t'Ä­k)