A(n) _____ Includes a Description of the Good or Service

question 50

Multiple Choice

A(n) _____ includes a description of the good or service, an assessment of the opportunity, an assessment of the entrepreneur, a specification of activities and resources needed to translate the idea into a viable business, and the individual's source of capital.

• A)SWOT analysis
• B)situational assessment
• C)opportunity analysis
• D)PERT chart
• E)organization chart

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Definitions:

Global Team

A group of individuals from diverse geographical locations and potentially varying cultures who work together towards a common business goal.

Integrated Team

A group of individuals from different areas of expertise working collaboratively towards a common goal.

Knowledge

Information, understanding, or skills acquired through education, experience, or training; it is the theoretical or practical understanding of a subject.

Expatriate Managers

Managers who are sent by their employers to work in a foreign country for a temporary period.