Which of the Following Should Receive First Consideration in the Opportunity

question 7

Multiple Choice

Which of the following should receive first consideration in the opportunity screening process?

• A) The Product
• B) The Financials
• C) The Market
• D) The Strategy
• E) Depends on the opportunity

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Definitions:

Chain Of Distribution

The successive stages and parties involved in the distribution of a product from producer to ultimate consumer.

Implied Warranty

An unstated guarantee that a product will meet a minimum level of quality and functionality, which is presumed to exist by law.

Operation Of Law

A process by which rights or liabilities are automatically transferred without the need for an agreement or contract, usually by statute.

Implied Warranty

A legal presumption that a product will perform as expected based on its intended use, even if not explicitly stated.