Multiple Choice
Once the vision and mission are established,the entrepreneur needs to:
A) select the target market.
B) conduct market research.
C) choose a competitive strategy.
D) assess the firm's strengths and weaknesses.
Correct Answer:

Verified
Correct Answer:
Verified
Q49: _ focuses everyone's attention and efforts on
Q50: Cost leadership has several inherent dangers such
Q51: To be effective,a mission statement must become
Q52: Which of the following is true about
Q53: A differentiation strategy:<br>A)seeks to find and defend
Q55: _ are specific measurable targets to be
Q56: Describe core competencies and the role they
Q57: The small firm's "master plan" is its:<br>A)objectives.<br>B)goals.<br>C)competitive
Q58: A small business following a focus strategy
Q59: After a company's strengths and weakness are