Which of the following statements is least true about an entrepreneurial situation?
A) It is important to gather and analyze information from customers before launching a new product.
B) Entrepreneurs are better off targeting established markets rather than new markets because it is difficult to predict the needs of new markets.
C) Entrepreneurs can design products that will have high appeal to potential customers through conjoint analysis.
D) Entrepreneurs assess customer preferences different when markets are new than when they were already established.
E) None of the Above
Correct Answer:
Verified
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