According to the Feasibility Analysis Framework,an Entrepreneur Who Has a Vision

question 10

Multiple Choice

According to the feasibility analysis framework,an entrepreneur who has a vision of a multi-unit company will

• A)be satisfied with an attractive niche so the company can gain market share.
• B)check to see if the health of the micro-market is strong enough for future macro-market growth.
• C)desire a healthier micro-market potential growth over the health of the macro-market.
• D)be satisfied with an attractive niche if it would serve as a point of entry for long-term potential.

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Definitions:

Global Markets

The international trading system that enables the exchange of goods, services, and currencies across borders.

Transform Cultures

The process of making significant and fundamental changes to the shared values, beliefs, norms, and practices within an organization to achieve desired outcomes.

Domestic Corporations

Companies that are incorporated in, and operate primarily within, the country they are registered.

World's Economy

Describes the global network of economic activities, including production, consumption, and trade of goods and services across different countries.