Which of the following questions can give a potential business owner insight on future and current demand?
A) Does the idea solve a consumer's want or need?
B) How much competition exists?
C) Can the idea be turned into a profitable business?
D) Does the business owner have the appropriate skills needed in order to be successful?
Correct Answer:
Verified
Q16: A business that is more dependent on
Q17: The risk of failure is greater with
Q18: Manufacturing businesses are more _.
A) labor intensive
B)
Q19: A majority of high-growth CEOs had at
Q20: Which of the following has the qualities
Q22: Ideas occur to small business owners almost
Q23: Computers, office equipment, and furniture are all
Q24: Creating a competitive advantage based on providing
Q25: Opportunities that become available to a small
Q26: Which of the following is a source
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