Questions from General Entrepreneurship


Q: Spend some time looking at Red Bull’s website (www.redbull

Spend some time looking at Red Bull’s website (www.redbull.com). Comment on each element of Red Bull’s marketing mix (product, price, promotion, and place in terms of distribution and sales). If you n...

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Q: What are the advantages of preparing a business plan for a new

What are the advantages of preparing a business plan for a new venture?

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Q: Shannon Garza has developed a new type of space heater that is

Shannon Garza has developed a new type of space heater that is quieter and safer than previous generations of space heaters and is specifically geared to people who live in small spaces, such as apart...

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Q: Read the “You Be the VC 11.2” feature

Read the “You Be the VC 11.2” feature that deals with Eatsa. What actions would you suggest that this firm take to develop a guerilla marketing campaign?

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Q: Imagine you are about to attend a one-day seminar dealing

Imagine you are about to attend a one-day seminar dealing with intellectual property law, and you contact a friend of yours who is in the process of starting a business to urge her to attend the semin...

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Q: Access the USPTO Web site and look up U.S.

Access the USPTO Web site and look up U.S. Patent Number 5,433,036. Describe the purpose of the patent. Do you think this patent describes an invention that has commercial potential? On a scale of 1 t...

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Q: Tyler Simms just invented a new product that he is convinced is

Tyler Simms just invented a new product that he is convinced is unique and will make him wealthy. The product is a toothbrush with a tube of toothpaste attached to the handle. Tyler is anxious to file...

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Q: According to the chapter, a trademark registered with the USPTO can

According to the chapter, a trademark registered with the USPTO can theoretically remain registered forever as long as it stays in use. Does the owner of a trademark have to take affirmative action to...

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Q: Ken and Jackie Smith just purchased a small winery in the Napa

Ken and Jackie Smith just purchased a small winery in the Napa Valley of northern California. One thing they noticed when they were investigating the winery is that the owners never placed the “100% N...

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Q: What is a target market?

What is a target market?

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