Multiple Choice
Which of the following is not a step in defining what consumers' real needs are?
A) Identifying any alternatives that might appear in the future.
B) Finding a solution to a problem.
C) Figuring out a problem.
D) Understanding how to satisfy the need.
E) Begin to advertise the new product.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Which type of cost becomes less per
Q3: Choosing the right customers is one of
Q4: A stagnant market would offer more advantages
Q5: Which of the following statements is least
Q6: When entrepreneurs successfully move from selling to
Q7: Entrepreneurs are most successful when they start
Q8: Established firms will be at an advantage
Q9: An established business is thinking about introducing
Q10: To which customer groups does the entrepreneur
Q11: Established businesses tend to not compete with