The What Went Wrong? Feature in Chapter 1 Focuses on Prim

question 21

Multiple Choice

The What Went Wrong? feature in Chapter 1 focuses on Prim, a failed startup in the laundry industry. According to the feature, Prim failed largely as a result of ________.

• A) lack of product/customer focus
• B) poor intellectual property protection
• C) the individuals who started the firm were too young and inexperienced
• D) poor execution intelligence
• E) a lack of passion and resolve

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Definitions:

Political Speech

Expressions related to the government, politics, or public affairs, highly protected under the freedom of speech in many democratic societies.

First Amendment

an amendment to the U.S. Constitution that protects freedoms of speech, religion, press, assembly, and the right to petition the government.

Police Power

The inherent authority of a government to impose regulations to ensure the safety, health, welfare, and morals of the community.

Interstate Commerce

Refers to any work, business, or transportation that crosses state boundaries or involves more than one state.