The most appropriate answer is: B) Who is in the process of starting a new business. A nascent entrepreneur refers to an individual who is in the early stages of starting a new business venture. They are actively involved in the process of conceptualizing, planning, and initiating their entrepreneurial endeavor. This stage typically involves conducting market research, developing a business plan, securing funding, and taking the necessary steps to launch the business. Nascent entrepreneurs are often driven by their innovative ideas and entrepreneurial aspirations, and they are actively working towards establishing and growing their new businesses.