When Screening New Business Ideas, the Entrepreneur Need Not Focus

question 11

True/False

When screening new business ideas, the entrepreneur need not focus on the size of the targeted market.

---

Definitions:

Collaborative Filtering

A method used in recommender systems where algorithms predict a user's preferences based on the preferences of other users with similar tastes.

Buying Intentions

The likelihood or predisposition of consumers to purchase a particular product or service in the near future.

Electronic Communication

The transmission of information using electronic systems or devices like computers, phones, and email, facilitating instant exchange of messages across distances.

Choiceboard

An interactive online system that allows consumers to customize products or services according to their preferences.