When selecting a city,an entrepreneur will need to factor into her decision:
A)the population density and growth trends.
B)the nature of competition.
C)the cost of the location.
D)All of the above

Question

Quizplus · Accepted Answer

All of the above factors are important for an entrepreneur to consider when selecting a city for their business. Population density and growth trends will determine the size of the potential customer base and the potential for business growth. The nature of competition will determine how crowded the market is and how difficult it will be to establish a customer base. Finally, the cost of the location will determine the feasibility of setting up a business in that city and its potential profitability.

When Selecting a City,an Entrepreneur Will Need to Factor into Her