The Side Street Effect Refers To

question 48

Multiple Choice

The side street effect refers to:

• A) the appearance of unexpected opportunities as one follows a plan.
• B) a corporate spin-off not sanctioned by the corporation.
• C) using corporate resources to pursue entrepreneurial activities.
• D) entrepreneurial ventures that are marginally successful but never experience significant growth.
• E) the lack of focus seen in many entrepreneurs.

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Definitions:

Contingency Plan

is a strategy or procedure prepared in advance to manage and mitigate the impact of possible future events, emergencies, or risks.

Metropolitan Markets

Urban areas that typically have a large consumer base and offer a wide range of goods and services.

Appendices Section

A section at the end of a document or book that contains additional information, detailed data, and supportive materials not included in the main text.

Marketing Plan

A comprehensive document or blueprint that outlines an organization's marketing efforts for a specific time frame, including strategies, target markets, and marketing objectives.