Questions from General Entrepreneurship


Q: Identify three sources of competitive intelligence that entrepreneurial firms should feel comfortable

Identify three sources of competitive intelligence that entrepreneurial firms should feel comfortable using to better understand their competitors.

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Q: What are the four primary categories of environmental trends?

What are the four primary categories of environmental trends?

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Q: What are the five forces that determine an industry’s profitability?

What are the five forces that determine an industry’s profitability?

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Q: How can the threat of new entrants suppress an industry’s profitability?

How can the threat of new entrants suppress an industry’s profitability?

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Q: How does rivalry among existing firms have the potential to suppress an

How does rivalry among existing firms have the potential to suppress an industry’s profitability?

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Q: What is a business plan?

What is a business plan?

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Q: Marshall Hanson, the founder of Santa Fe Hitching Rail, a

Marshall Hanson, the founder of Santa Fe Hitching Rail, a chain of nine steak restaurants in New Mexico, is considering expanding his menu, which is currently restricted to steak, hamburger, potatoes,...

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Q: Why should the executive summary, which is one of the first

Why should the executive summary, which is one of the first things that appears in a business plan, be written last?

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Q: What is the difference between a concentrated and a fragmented industry?

What is the difference between a concentrated and a fragmented industry?

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Q: What are the rules of thumb for determining whether franchising is a

What are the rules of thumb for determining whether franchising is a good choice for a particular business?

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