What problems you may face if you are trying to enter as a small-business owner in a concentrated industry with some dominant players in the market? Why do most start-ups focus on relatively small target markets, to begin with rather than larger markets with more substantial demand?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter7: Entrepreneurship
Section: Chapter Questions
Problem 8CRQ: What are the benefits to small firms of doing business internationally, and what steps can small...
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What problems you may face if you are trying to enter as a small-business owner in a concentrated industry with some dominant players in the market?

Why do most start-ups focus on relatively small target markets, to begin with rather than larger markets with more substantial demand?

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