Which of the Following Are Important Issues in New Venture

question 65

Multiple Choice

Which of the following are important issues in new venture creation?

• A)Can the entrepreneur identify a market niche that is being missed by other established firms?
• B)Can the entrepreneur identify a new market that has not yet been discovered by existing firms?
• C)Can the entrepreneur generate first-mover advantage by exploiting a niche or entering a market before competitors?
• D)All of the above.
• E)None of the above.

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Definitions:

Emergent Strategy

The plan that changes incrementally due to environmental changes.

Intended

Something planned or meant to take place, often referring to actions, outcomes, or objectives that are deliberate or purposeful.

Growth Strategy

A plan of action designed to achieve a higher level of market share or company size, often through expansion, product development, or acquisition.

Aggressive Recruitment

A proactive approach to finding and attracting candidates for employment, often using bold strategies and techniques.