Which of the Following Statements Is Least True About an Entrepreneurial

question 5

Multiple Choice

Which of the following statements is least true about an entrepreneurial situation?

• A) It is important to gather and analyze information from customers before launching a new product.
• B) Entrepreneurs are better off targeting established markets rather than new markets because it is difficult to predict the needs of new markets.
• C) Entrepreneurs can design products that will have high appeal to potential customers through conjoint analysis.
• D) Entrepreneurs assess customer preferences different when markets are new than when they were already established.
• E) None of the Above

---

Definitions:

Emotional Intelligence

A type of intelligence defined and measured by four branches (one’s ability to perceive emotion, utilize emotions to facilitate thought, understand emotion, and manage emotion).

MBTI

Myers-Briggs Type Indicator, a personality inventory that categorizes individuals into 16 distinct personality types based on preferences in how they perceive the world and make decisions.

Assessment Tool

Instruments or techniques used to measure an individual's skills, abilities, or characteristics in a specific area.

High School Students

Individuals enrolled in secondary education, typically ranging in age from 14 to 18 years old.