The Savvy Entrepreneurial Firm feature in Chapter 6 focuses on three companies: Songkick, GrubHub, and Instagram. The overarching point of the feature is ________.
A) most business plans require major changes after the business is launched and the founders start getting customer feedback
B) the degree to which business plans pan out as their founders envisioned varies
C) most business plans require only minor changes after the business is launched and the founders start getting customer feedback
D) the most effective business plans take four to eight weeks to complete
E) most business plans are quickly discarded after the business is launched

Question

Quizplus · Accepted Answer

The overarching point of the Savvy Entrepreneurial Firm feature in Chapter 6 is that the degree to which business plans pan out as their founders envisioned varies. The feature provides examples of three companies (Songkick, GrubHub, and Instagram) that had to make major changes to their business plans after launch in order to succeed.

The Savvy Entrepreneurial Firm Feature in Chapter 6 Focuses on Three