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 ...
An emollient is a cream or ointment with a thick, gooey texture. When your hands are dry and cracked in the winter, you probably apply an emollient to make them softer. Emollient comes from a Latin word with the same spelling, which means âto make soft.â The noun form of emollient refers to a substance that makes something soft. However, emollient can also be an adjective used to describe something with a softening or soothing effect. For example, the annoying child on the airplane might be soothed by the emollient sound of the pilotâs voice over the intercom.