Nigel came to the U.S. on a swimming scholarship. After a few months of frustration with trying to find swim goggles like he used in his native country, he started a website that offered specialty goggles for swimming, skiing, and snowboarding. Before launching the website and filling orders, Nigel spent a few months going to swim meets and gathering preferences about goggles from other swimmers. Nigel's actions:
A) showed that he had a ready market for this product.
B) demonstrated that he had little experience with this product.
C) showed that he was promoting the website before it launched.
D) demonstrated his need to better understand the market.
Correct Answer:
Verified
Q282: Which of the following best describes the
Q284: Increased participation in small business exporting owes
Q287: After several years of volunteering to play
Q288: In order to improve his chances of
Q291: Ben got a phone call from one
Q293: Chris is an angel investor. This means
Q294: The SBA's _ program provides export-financing opportunities
Q295: One reason why many U.S. small businesses
Q295: Small businesses often have advantages in international
Q296: As a small business owner, Tanika can't
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