Multiple Choice
In the context of conducting an external analysis, which of the following steps should an entrepreneur take next after identifying and researching competitors within an industry?
A) Develop an understanding of one's own competitive edge.
B) Examine and develop insights about benchmarking.
C) Examine and develop insights about elasticity of demand.
D) Draw a set of competitive maps.
Correct Answer:

Verified
Correct Answer:
Verified
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