Question 3 of 152 PointsWhich of the following is correct with respect to entrepreneurial qualities?Select the correct response:education is positively associated with entrepreneurial successlack of education is not a primary barrier to acquiring start-up financingO industry experience is a more important predictor of success than educationO technical skills are more important than social skills, but less important than the ability to communicate with othersO A and C Question 5 of 15Which of the following is not true about entrepreneursSelect the correct response:someone who conceives of new or improved goods and servicessomeone who exhibits initiative to develop new ideasnot all business managers are entrepreneursA and Bnone of the above

An entrepreneur is an individual who conceives the business idea and has the skills and capabilities…

Answered: Question 3 of 15 Which of the following…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Using the five forces framework, how would you characterize the competition in the automobile industry before the recent disruptions brought by EVs, AVs and ride sharing? (250 words)
Assigning a weight to each measure of competitive strength assessment is generally analytically superior because weighting each company's overall competitive strength by its percentage share of total industry profits produces a more accurate measure of its true competitive strength. ○ it singles out which competitor has the most competitively potent core competencies. ○ All of the various measures of competitive strength are not equally important. an unweighted ranking does not discriminate between companies with high and low market shares. O a weighted ranking identifies which competitive advantages are most powerful.
What's going on in the market today? Explore a topic in the news that piques your interest and explain how it relates to MIS.
When considering a high involvement purchase, what are reasons that consumers spend more time researching the product before buying? (Select all answers which apply.) Group of answer choices The purchase isn't expensive, but they know that their spouse believes it's really important to get exactly the right product. They will have to wait months before the product arrives and don't want to have to return it. Every purchase should be high involvement and we need to worry over every penny we spend. They are spending a lot of money on the product and want to spend it wisely.
Please do not give solution in image format thanku Select three local businesses (one large and two small) and play the role of "mystery shopper". How easy was it to do business with each company? How would you rate their service, quality and convenience? Were sales people helpful and friendly? Did they handle transactions professionally and courteously? How would you rate the business' appearance? How would you describe each company's competitive advantage? What future do you predict for each company? Prepare a brief report on the findings and conclusions.
Clear my choice The Limited Liability Company (LLC) is a step above the sole proprietorship and partnership in that it does not limit the owners' personal liability and can more easily obtain funding from lenders investors. Select one: O True O False Kelvin analyzes customer desire and how they use products in his which of the followi www
Make a thorough (at least a large paragraph) posting in response to ONE of the prompts below. Is it ethical for companies to avoid/target certain segments? For example, many brands do not target low-income, less-educated consumers, while others do target low-income, less-educated segments with unhealthy products? Is this okay? Are you a part of a specific Target Market? Can you think of a particular advertisement on TV that you know is talking right to you?
Investigate diabetes in your community and using information/various concepts covered in the Business Communication course, write a formal report outlining the existing problem, make reference to current literature, and present a discussion on findings and proffer appropriate conclusions and recommendations.
Online marketing research seems to be the wave of the future. What drawbacks do you see associated with conducting surveys online? Are privacy issues greater with online surveys than with other forms of administering surveys, such as phone, face-to-face, or mail? Do you think respondents will be more or less honest and accurate when completing online surveys? Requirements: 1. Begin contributing to the discussions no later than midnight of the first Saturday after lesson opens. 2. Your initial post should be at least 200 words.
As a future business professional, what is a "core message"? What can be offered to a company can be summarised in one sentence.
Why is it important to achieve a positive and other-oriented tone in business messages?
To better serve and become more specialized in a specific market segment, you should use the "Strengthen customer intimacy" strategy * True O False

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