Multiple Choice
According to a study by the National Federation of Independent Business,the most common source of new product ideas for small business startups is
A) prior work experience.
B) personal interests and hobbies.
C) a chance happening.
D) existing records of a business.
Correct Answer:

Verified
Correct Answer:
Verified
Q35: Match the term with its definition.<br>-A circumstance
Q44: Match the term with its definition.<br>-A preliminary
Q60: A SWOT analysis can be described best
Q61: Israel Kirzner believes entrepreneurs have a unique
Q62: Substitute products<br>A)reduce the attractiveness and profitability of
Q63: A focus strategy is best described as<br>A)an
Q64: Considering Michael Porter's five factors,the automotive industry
Q66: _ refers to the way entrepreneurs identify
Q67: Match:<br>a.opportunity recognition<br>b.outside-in analysis<br>c.pivot<br>d.resources<br>e.serendipity<br>f.startups<br>g.strategy<br>h.SWOT analysis<br>i.tangible resources<br>j.paradox of attraction<br>-The
Q70: During a feasibility analysis,an entrepreneur may discover