The Savvy Entrepreneurial Firm feature for Chapter 4 focuses on three companies: Box.net, Pixability, and Groupon. The overarching point of the feature is:
A) most business plan require major changes after the business is launched and the founder's 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 feature highlights how the business plans for Box.net, Pixability, and Groupon varied in their execution and required major changes after customer feedback was received. This illustrates that the degree to which business plans pan out varies and may require adjustments after launch.

The Savvy Entrepreneurial Firm Feature for Chapter 4 Focuses on Three