The First Screen Feasibility Analysis Template Included in Chapter 3

question 31

Multiple Choice

The First Screen feasibility analysis template included in Chapter 3 is called "First Screen" because ________.

• A) it is the first feasibility analysis template created
• B) it is the first and most important step in the opportunity recognition process
• C) it is the first step in a sequence of several steps that must be completed before a business idea is deemed to be feasible
• D) feasibility analysis is an entrepreneur's initial or first pass at determining the feasibility of a business idea
• E) it is the first of several "screens" that a business idea must pass through before it is considered to be feasible

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Definitions:

Sherman Act

A landmark federal statute in the antitrust law that prohibits monopolistic practices and promotes competition.

Robinson-Patman Act

A United States federal law aimed at preventing anticompetitive practices by producers, specifically price discrimination.

Clayton Act

A United States antitrust law enacted in 1914 aimed at increasing economic competition by prohibiting certain types of anti-competitive practices.

Sherman Act

A landmark federal statute in the field of United States antitrust law passed in 1890 to prohibit monopolies and restrictive trade practices.