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GMETRIX Entrepreneurship Exam with 100% correct answers
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GMETRIX Entrepreneurship Exam with 100% correct answers
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GMETRIX Entrepreneurship Examwith 100% correct answers
larry has a papercraft hobby he wants to make some money off it. he wants to sell custom
greeting cards and other items from his home. after surveying 100 potential customers, lary
discovers the following ordering preferences: 25%would prefer to place orders using social
media 15% would prefer to order using the phone, 45% would prefer ordering from a
dedicated business website, and 20% would prefer purchasing from an auction website. he also
learned what customers are willing to spend his custom designs: 20% would spend 50% or
less, 40% would spend 50-100$, 30% would spend $100-$150 and 10% would spend 150 or
more. given this information, which opportunity offers the highest probability for success
correct answers open an online business
which are two advantages of buying a franchise correct answers brand recognition,
marketing assistance
phil is a master plumber looking to move hsi family and his business to a new city. before
doing so, he needs to determine the demand for the services his business provides. given this
information, which two factors should phil consider correct answers how many competitors are
in the area,what are the customer spending patterns in the area
, autumn runs a child daycare and wishes to expan her facility to be better meet the needs of
her customers schedules. which is the best value proposition for her customers correct
answers extended hours for drop off and pick up
bruce is an experienced mechanic that grew up in a family of entrepreneurs. he has decides to
open an auto shop that specializes in alignments, repairs, oil changes, and warranty work for
rental fleets, leasing compaines, and auto dealerships. which customer group will bruces
company support correct answers business
damon is researching the business options available in order to turn his photography hobby into a
business. he surveyed 100 potential customers who provided the following information: 20%
prefer to a photographer from a studio, and 10% would prefer to go to a photographer they have
been referred to. damons survey also revealed what customers would be willing to spend: 20%
would spend $100 or less, 45% would spend $100 to $500, 30% would spend $500 to $1000 or
more. given this information, which opportunity would give damon the highest probability for
success correct answers open up a studio gallery of sample work
clifford is a regulatory consultant that provides guidance for several medical tech companies
trying to get their devices approved by the FDA. some of these companies are direct competitors.
if clifford breakd confidentiality agreements and discusses the details of one of the companys
devices with one of their competitors, what would be the most likely comsequences correct
answers loss of clients and possible legal action
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