Careful analysis of the competitive environment can result in:
A)failure of a new business.
B)unexpected response from a rival.
C)loss of the startup's supplier base.
D)greater financial success of the startup.

Question

Quizplus · Accepted Answer

Conducting a careful analysis of the competitive environment helps the startup understand their position in the market and identify opportunities and threats. This can lead to better strategic decisions and ultimately greater financial success.

Careful Analysis of the Competitive Environment Can Result In