
Recognize a Potential Market
Authored by Milagros Laluna
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31 questions
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1.
OPEN ENDED QUESTION
1 min • Ungraded
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2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
1. It is the process of considering, evaluating, and pursuing market-based activities that are believed to be advantageous for the firm.
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
2. This is essential to opportunity – seeking which allows the entrepreneur to see things in a positive and optimistic light in the midst of crisis or difficult situations.
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
3. It is the ability of entrepreneur that can sense without using the five senses, also known as intuition.
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
4. One of the essetials of entrepreneur’s opportunity – seeking that refers to the driven passion of an individual.
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
5. What variable of societal environment includes income level and employment rate?
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
For questions 6 and 7 refer to the following statements: A. Preferences and tastes of the customers easily change. B. The buyer has the potential for backward integration. C. The cost of switching the supplier cost is minimal. D. Product differentiation is highly noticeable. 6. Which are the factors of the substitute product that pose a great threat in the industry environment?
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