The most important reason to understand what segments & niches of your industry are the subject of venture activity is:
A) It greatly increases the chances of you raising money if needed
B) It can give you an insight into what other companies are doing
C) You can recognize customer trends and desires
D) You can find competition you previously didn't know of
Correct Answer:
Verified
Q18: Which is not a necessity to know
Q19: Entrepreneurs typically want to enter the industry
Q20: According to the authors of the text,
Q21: What personal factors help shape your selection
Q22: A new corporate venture has all of
Q23: What is an industry analysis and what
Q24: What is the difference between invention and
Q25: Why is it important to have or
Q27: Which type of venture experiences (on average)
Q28: Most industries are in flux, this flux
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