Consuela noticed significant growth in the Hispanic population in her mid-size town. The local grocery carried mostly traditional American products. She knew her neighbors would want familiar foods, so she decided to open a food market catering to their preferences. Consuela's startup is based on a new _____ idea.
A) market
B) technology
C) benefit
D) product
Correct Answer:
Verified
Q4: Only cost-based strategies should be used when
Q5: The general environment includes rival companies and
Q6: Many businesses are formed because an entrepreneur
Q7: When Jeff Bezos launched Amazon, his idea
Q8: Using a cost-based strategy, a company would
Q10: According to a study by the National
Q11: Research has revealed that startups based on
Q12: Serendipity describes a new product idea resulting
Q13: The best business ideas will meet a
Q14: Jeff Bezos' original business plan for Amazon
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