By Analyzing the Potential Competition, an Entrepreneur Can Minimize Risk

Multiple Choice

By analyzing the potential competition, an entrepreneur can minimize risk, refine strategies, and

A) potentially turn the competition into a strategic partner.
B) reduce the need for writing a comprehensive business plan.
C) identify ways to obtain financing before investing.
D) identify the size of the target market and segment it properly.
E) develop a comprehensive plan to market the product.