Once the Vision and Mission Are Established,the Entrepreneur Needs To

question 54

Multiple Choice

Once the vision and mission are established,the entrepreneur needs to:

• A)select the target market.
• B)conduct market research.
• C)choose a competitive strategy.
• D)assess the firm's strengths and weaknesses.

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Definitions:

Affirmation of Chance

The acknowledgment of the role of randomness or unpredictability in events or outcomes.

Peer Review Process

The peer review process is a critical evaluation method used in academia and industries to assess the quality and validity of manuscripts or projects by other experts in the same field.

Scientific Conduct

The practices and principles that guide the ethical and reliable pursuit of scientific research and experimentation.

Four Tests

A set of criteria or examinations applied to assess the validity, reliability, or quality of something, though the specific tests can vary based on context.