Sinead is considering opening a flower and gift shop in her small town. Before she begins writing her business plan, she conducts some research into the market and finds that there are already four other flower and gift shops operating within a few miles of each other. Given this information, what should Sinead do?
A) decide to stick to her personal gardening instead of opening the shop
B) realize that she lacks the skills necessary to create a unique product
C) open the shop as planned, assuming that customers will prefer her offerings
D) add one-hour delivery service for rush orders at no extra charge
E) discard her goal of opening a flower shop and take a job working for her old boss
Correct Answer:
Verified
Q28: Rhonda spotted, created, and exploited a(n)_ for
Q29: Katya is evaluating whether she has the
Q30: According to many entrepreneurs and observers, when
Q31: Dr. Elbridge began helping women in Bajukistan
Q32: "Miguel, I believe that you will succeed,"
Q34: Marta decided that a growing Latino population
Q35: A(n)_ is an innovator who has created
Q36: Which of the following descriptions of entrepreneurs
Q37: Helga believes there is an opportunity to
Q38: FastWheels, a car manufacturer, has started to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents