Identifying an Unmet Need Does Not Ensure That a Venture

question 22

Multiple Choice

Identifying an unmet need does not ensure that a venture will succeed in the market. Therefore, a business plan should include the________

• A) main competitive methods used by potential rivals.
• B) product lines of every potential rival.
• C) product lines of major potential rivals.
• D) all (a-c) should be included in the business plan.
• E) both a and b should be included.

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Definitions:

Bracero Program

A series of agreements between the United States and Mexico, allowing short-term contract laborers from Mexico to work in the U.S. agricultural industries from 1942 to 1964.

Married Women

Women who are in a legal marital relationship; societal and legal rights and obligations can vary significantly depending on the location and time period.

Labor Force

The total number of people who are of working age, able and willing to work, including both the employed and those seeking employment.