Multiple Choice
Which of the following is likely to occur if entrepreneurs fail to define a radius from which they believe their business will draw a majority of its customers?
A) It will distort the entrepreneur's advertising efforts.
B) It will dramatically reduce the entrepreneur's costs.
C) It will be easier for the entrepreneur to identify direct and indirect competition.
D) It will force the entrepreneur to forego business unnecessarily.
Correct Answer:

Verified
Correct Answer:
Verified
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